Import Promotion: Preferential Arrangements

Stuart K. Tucker

Chapter 10 in Trade Policies towards Developing Countries, 1993, pp 145-160 from Palgrave Macmillan

Abstract: Abstract For the most part US tariffs are low. However in selected and sensitive labour-intensive product areas the tariffs are very high, paralleling the non-tariff barriers restraining trade in the same categories. The US Generalized System of Preferences (GSP) was instituted in the early 1970s as a way of improving relations with developing countries. The lowered protection was seen as affordable since many developing countries were deemed unable to supply significant quantities of the manufactured products that benefited most from the preferential treatment.

Keywords: Beneficiary Country; Uruguay Round; Import Promotion; Caribbean Basin; Multilateral Trading System (search for similar items in EconPapers)
Date: 1993
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DOI: 10.1007/978-1-349-22982-6_10

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