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customs unions (CUs) on member and non‐member countries when tariffs of both members and non‐members are endogenously … to lower tariffs on non‐members relative to that under most favored nation (MFN). Design/methodology/approach – The paper … gain, their external tariff needs to be greater than this threshold but smaller than twice their MFN tariffs. Outside this …
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On 1 January 2024, Switzerland will implement a major trade policy reform by autonomously eliminating all tariffs on … elimination of industrial tariffs will reduce the net fiscal burden on imports by around CHF 600 million per year. In addition …
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towards later stages of development. Recently the US government has moved against the trend by imposing tariffs on China … Chinese government retaliated by introducing tariffs on US produced goods. For the time being, the result of this trade war on …
Persistent link: https://www.econbiz.de/10012199154
Welfare with the maximum-revenue tariff is compared to free-trade welfare under perfect competition in the case of a large country able to affect its terms of trade; under Cournot duopoly with differentiated products; and under Bertrand duopoly with differentiated products. Under perfect...
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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 …
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