Tariffs

Brian McDonald

Chapter 8 in The World Trading System, 1998, pp 65-76 from Palgrave Macmillan

Abstract: Abstract GATT’s primary focus in the early years was on the reduction of tariffs, as tariffs were probably the most common or at least the most visible form of protection in use. A tariff is an import tax that is levied at the border. Unlike many other types of protection, tariffs have the advantage of providing revenue as well as protection. Indeed in many developing countries it is one of the few secure sources of tax revenue.

Keywords: Uruguay Round; Tariff Reduction; High Tariff; Average Tariff; Tokyo Round (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37970-1_8

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DOI: 10.1057/9780230379701_8

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