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to the elimination of tariffs and cuts in non-tariff measures by 25%, is in the range of 1% to 4% of initial consumption … goods. The bulk of the welfare gain is caused by cuts in non-tariff measures. …
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expenditure. We also show how either an unbalanced distribution of political bargaining power, or tariff revenue co …
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to the elimination of tariffs and cuts in non-tariff measures by 25%, is in the range of 1% to 4% of initial consumption … goods. The bulk of the welfare gain is caused by cuts in non-tariff measures. …
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