Explain the concept of effective rate of protectiona what, Ask an Expert

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Explain the concept of 'effective rate of protection'

a) What does the effective rate on final goods depend upon and how?

b) In what way does the effective rate analysis help illuminate these policy issues:

-Deepening production of LDCs

-Escalation of tariff rates by degree of processing in industrial countries

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91722180

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