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-maker would respond to lower world prices by reducing tariff protection for an import-competing industry. An initial tariff that …
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"Unilateral tariff liberalisation by developing nations is pervasive but our understanding of it is shallow. This paper …
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statutory tariff rates published by UNCTAD. She uses empirical tests to isolate the cause of trade liberalization. The results … support her hypothesis: tariff rates are positively related to fiscal shocks and negatively associated with episodes of tax …
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