Understanding Agricultural Price Range Systems as Trade Restraints: Peru–Agricultural Products

An agricultural price range system (PRS) aims to stabilize local prices in an open economy via the use of import duties that vary with international prices. The policy is inherently distortionary and welfare-reducing for a small open economy, at least according to the canonical economic model. We of...

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Veröffentlicht in:	World trade review 2016-04, Vol.15 (2), p.259-286
Hauptverfasser:	SAGGI, KAMAL, WU, MARK
Format:	Artikel
Sprache:	eng
Schlagworte:	Agricultural commodities Agricultural prices Agriculture Case studies Commodity prices Countervailing duties Developing countries Disputes Free trade Imports International trade LDCs Litigation Price stabilization Produce trade Restraint of trade Studies Tariffs Trade agreements Trade liberalization Trade policy World Trade Organization
Online-Zugang:	Volltext
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