Degressivity

Degressivity

Degressivity and the GATT Policy Negotiations

In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Degressivity: The characteristic of a trade restriction, which diminishes in severity over time. A degressive measure could take the form of an import quota with a “growth provision” to enlarge progressively the amount permitted to be imported, or a tariff the rate of which automatically declines according to a specified timetable.


Posted

in

, ,

by

Tags:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *