WTO negotiations deal predominantly with bound - besides applied - tariff rates. But, how can reductions in tariffs … from the real options literature; doing so we highlight the important role of bound tariffs at the extensive margin of … trade. We find that bound tariffs are more effective with higher risk destination markets, that a large binding overhang may …

commitments under trade agreements (multilateral and regional agreements) and applied tariffs- what is also known as tariffs … equivalent to a level of tariffs between 1.7 and 8.7 percentage points. …

Market access negotiations in merchandise trade at the multilateral level cover tariffs and non-tariff measures (NTMs …). While tariffs have been substantially reduced in earlier rounds, they remain high in certain areas and further reductions …

Some scientists and authorities are arguing that tariffs are growing more and more unimportant since eight GATT … of a state that is generated by customs duties. The results are amazing. Tariffs are not important any more for developed …

reduces the potency of a country’s optimal tariffs and therefore its incentive for unilaterally opting out of trade …

they willmove towards free trade, while providing some flexibility for trading offreductions in peak tariffs against …