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Barriers to TradeEssay title: Barriers to TradeProf. Dr. Lepi T. TarmidiDepartment of Economics, University of IndonesiaOctober 2007Barriers to Trade1. TariffBefore the GATT Uruguay Round, average tariff rate in developed countries was already relatively low, around 8%. After the GATT Uruguay Round/WTO, the average tariff rate further declined to 5.6%. Hence tariff protection is not important.
Related Essay Topics:
Average Tariff RateCountries Of The European UnionGatt Uruguay RoundTariff Protection