This document discusses issues and considerations regarding trade between countries. It notes that restrictions on trade come in the form of various taxes and duties imposed on imports and exports, as well as licenses required to trade particular goods. The document also discusses effective rates of protection, defining it as the percentage by which the value added of a domestically processed product can exceed what it would be without trade protection policies.
This document discusses issues and considerations regarding trade between countries. It notes that restrictions on trade come in the form of various taxes and duties imposed on imports and exports, as well as licenses required to trade particular goods. The document also discusses effective rates of protection, defining it as the percentage by which the value added of a domestically processed product can exceed what it would be without trade protection policies.
This document discusses issues and considerations regarding trade between countries. It notes that restrictions on trade come in the form of various taxes and duties imposed on imports and exports, as well as licenses required to trade particular goods. The document also discusses effective rates of protection, defining it as the percentage by which the value added of a domestically processed product can exceed what it would be without trade protection policies.
COUNTRIES; Various taxes (Duties) are imposed on imports or exports. License are granted to export or import particular goods. EFFECTIVE RATES OF PROTECTION IN DEVELOPING ASIA The effective rate of protection is the percentage by which the value added of a product at a particular stage of processing in a domestic industry can exceed what have been without protection.