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Trade Protection, and the Political Economy of (trade) Policy Reform Lecture Notes 11 Part IIA Paper 4: Economic Development Development Theory and Applications Sanjay Jain Michaelmas graded A in this work
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Trade Protection • Import Tariffs (and export subsidies) • Quotas • Voluntary Export Restraints • Non-Tariff BarriersFigure 12.3 Import Substitution and the Theory of ProtectionMeasuring the Extent of Trade Protection • Tariff Structure and Effective Protection – Nominal rate of p...
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