Tariff Escalation
Tariff escalation in Global Commerce Policy
In this regard, tariff escalation is: higher import duties on semi-processed products than on raw materials, and higher still on finished products. This practice protects domestic processing industries and discourages the development of processing activity in the countries where the raw materials originate. See also effective rate of assistance.[1]
Tariff escalationin the wold Encyclopedia
For an introductory overview on international trade policy, see this entry.
Resources
Notes and References
- Dictionary of Trade Policy, “Tariff escalation” entry (OAS)
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