effects of free trade agreements (FTAs) on external tariffs in small economies where protection decisions are made politically … of an FTA. We find that the expectation of tariff reductions under endogenous tariffs could make an otherwise feasible … FTA if tariffs were fixed become infeasible. However, if domestic import-competing sectors are relatively smaller and the …

converted into equivalent tariffs and further, reduced over time. However each member country has the authority to choose the … tariff types when it converts NTBs to tariffs such as ad valorem tariff and specific tariff. The paper tries to find the … achieve this goal, the paper analyses the effects of tariffication of a fixed quota into tariffs on price, trade and welfare …

We study, theoretically and empirically, how countries choose intra-bloc tariffs and preferential margins when they … to a customs union (where members coordinate external tariffs). Moreover, in customs unions (but not necessarily in free …

infinite future. In this paper I analyze the setting of tariffs in a two-country model taking account of adjustment processes … induces policy makers with a short planning horizon to set lower tariffs because it enhances the short run boom following a … cut in tariffs. Monetary policy that aggressively fights deviations from its inflation target leads to even lower tariffs. …

-generating tariffs. This approach allows us to take account of adjustment dynamics, distributional aspects and the time horizon of policy … makers and workers. In response to a unilateral increase in tariffs aggregate consumption increases only sluggishly so that … policy makers with a short time horizon tend to set lower tariffs. Workers' preferences for tariffs depend on the sector …

Historically, tariffs have been an attractive policy tool to protect domestic industries. The benefits of such a policy …