Pouliot, Sebastien; Larue, Bruno - Department of Economics, Iowa State University - 2012
This paper shows that a Tariff-Rate-Quota’s (TRQ) minimum access expansion can perversely trigger domestic price increases. Often, TRQs have prohibitive over-quota tariffs to mimic import-quotas, in providing minimum market access. In the WTO’s Doha Round, it is likely that...