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He also encouraged the establishment of industry through tariff reform and the importation of foreign craftsmen.
In the 1960s and 1970s governments tried to foster industrialisation through tariff protection, state ownership and heavily subsidised credit.
The excise increase will be imposed through tariff proposals to be tabled in the House of Representatives this week.
The low-interest loan subsidy tied to the purchase of locally produced goods discriminated against imported British tractors and deprived them of the market access they thought they had secured through tariff reductions.
The country's biggest farm union, the FNSEA, has powerful regional roots and a lobbying network that stretches from local elected officials to senators, 8.5% of whom are farmers.Would any of this really be at risk if the protection that French farmers enjoy, through tariff barriers and direct subsidies, were radically dismantled?
Thus, protectionism through tariff barriers, quotas or other forms restricts imports and consolidates a situation of REER appreciation.
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Remaining revenues are raised through tariffs, licensing fees, and the proceeds of government investments.
The amount of tax revenue obtainable through tariffs, however, is always limited.
Cutting off trade through tariffs and import quotas, however, is not the answer.
So if you will never recover your costs through tariffs, you have to do so through other means".
Another fundamental principle was that of protection through tariffs rather than through import quotas or other quantitative trade restrictions; GATT systematically sought to eliminate the latter.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com