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A "national treatment of nontariff restrictions" clause is necessary because most of the properties of tariffs can be easily duplicated with an appropriately designed set of nontariff restrictions.
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Many also offer a choice of tariffs.
Devaluation can ease the strain of tariffs.
(See international trade: Measuring the effects of tariffs).
Political goals often motivate the imposition or removal of tariffs.
The imposition of tariffs on steel was a surprising reversal.
Hundreds of tariffs will be reduced in both directions.
It permits retaliation through the system of tariffs and non-tariff barriers.
As different sets of tariffs exist to calculate utilities, we compared Dutch tariffs versus UK tariffs.
The trade-distorting effect of a tariff regime is influenced by both the average level of tariffs and the dispersion of tariff rates around the average.
The aim of this paper is to build a theoretical framework for dynamic efficiency analysis and assess the dynamic efficiency properties of the different design elements of feed-in tariffs.
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