Choosing Formulas for Market Access Negotiations
Author | : Joseph Fran??ois |
Publisher | : |
Total Pages | : |
Release | : 2012 |
ISBN-10 | : OCLC:931673293 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Choosing Formulas for Market Access Negotiations written by Joseph Fran??ois and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: An important issue in multilateral trade negotiations is the approach taken to reduce tariffs. The authors believe that there are important advantages in formula approaches and survey a range of options between the sharply top-down Swiss formula and proportional cuts in tariffs. Over the range the authors consider, they find that the economic efficiency impacts for the importer are not greatly influenced by the extent to which higher tariffs face bigger cuts. However, top-down approaches appear to be more effective in reducing tariff escalation, and provide greater market access gains to poor countries.