 Taxation of International Trade: Design and ExperienceParthasarathi Shome
Chapter 25 in Taxation History, Theory, Law and Administration, 2021, pp 287-299 from Springer Abstract: Abstract The advent of the World Trade Organization (WTO) resulted in lower customs tariffs globally. Greater international competition, which could be possible only with lower taxes on international trade, was perceived to improve economic links and transfer of technology and to result in improved products and diversification of output and exports. Protectionist policies would have the opposite effect. Countries that reduced average tariffs experienced rapid economic growth the most. Similarly, export duties on traditional commodities such as tea, coffee, rubber and minerals were reduced to improve international competitiveness. This chapter addresses customs policy concerns. They include selected conceptual issues together with the rationale and objectives of a customs regime, the role of the WTO in the reform of the structure of customs tariffs, expanded customs functions in recent years, revenue generation through customs tariffs in emerging economies, progressively reduced customs tariffs in the industrial sector and the diminishing role of customs as a revenue generator, changes in tariff structure in India, and anti-dumping duty on imports. Date: 2021 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-030-68214-9_25 Ordering information: This item can be ordered from DOI: 10.1007/978-3-030-68214-9_25 Access Statistics for this chapter More chapters in Springer Texts in Business and Economics from Springer |
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