Eliminating Excessive Tariffs on Exports of Least Developed Countries PDF Download

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Eliminating Excessive Tariffs on Exports of Least Developed Countries

Eliminating Excessive Tariffs on Exports of Least Developed Countries PDF Author: Bernard M. Hoekman
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 58

Book Description
Average most-favored-nation tariffs in the "Quad" (Canada, the European Union, Japan, and the United States) have fallen to about 5 percent. But tariffs more than three times the average most-favored-nation duty are not uncommon in the Quad and have a disproportionate effect on exports of least developed countries. Giving the poorest countries duty-free access for peak-tariff products would increase their total annual exports by roughly $2.5 billion.