Jørgensen, Jan Guldager; Schröder, Philipp J. H. - 2002
the tariff tool applied. Tariffication using a specific (an ad valorem) tariff results in the same (a reduced) welfare …Recent rounds of GATT and later WTO have advocated widespread tariffication, meaning that existing non-tariff barriers … entirely clear. The paper presents a general equilibrium model with monopolistic competition to examine the welfare effects of …