Tariffication

Tariffication

Tariffication and the GATT Policy Negotiations

In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariffication: Conversion of a quota or other nontariff barrier (NTB) to a tariff providing an equivalent amount of protection to domestic producers of the product in question. In principle, conversion of NTBs to a tariff basis enhances transparency, minimizes economic distortions, and facilitates future negotiations aimed at reducing levels of protection.


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