Why is the nominal rate of tariff protection a poor gauge of the effective rate of protection

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Why is the nominal rate of tariff protection a poor gauge of the effective rate of protection for processed and manufactured goods?

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Economic Development

ISBN: 9781139334747

5th Edition

Authors: E Wayne Nafziger, E Wayne Nafziger Dr

Question Posted: Oct 22, 2024 03:03 AM

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Why is the nominal rate of tariff protection a poor gauge of the effective rate of protection

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Economic Development

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