What is the difference between a nominal tariff and an effective tariff? What is the usefulness of

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What is the difference between a nominal tariff and an effective tariff? What is the usefulness of the concept of effective protection? How is the rate of effective protection measured?

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International Economics

ISBN: 978-1118955765

12th edition

Authors: Dominick Salvatore

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Question Posted: Oct 27, 2017 09:27 AM

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What is the difference between a nominal tariff and an effective tariff? What is the usefulness of

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Nominal tariff is a tax imposed on the value of the final commodity which is imported Usually govern...View the full answer

International Economics

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