Essays Tagged: "Swiss Formula"

WTO

from levying export taxes.Tarriffs. The U.S. is proposing the use a harmonizing formula called the Swiss Formula.The Swiss 25 formula is a mathematical equation, which results in higher tariffs being ... billion dollars and reduce most of the trade-distorting agricultural export subsidies. By using the Swiss Formula, the U.S. is trying to reduce average global agricultural tariffs by 80 percent.

(2 pages) 145 0 5.0 May/2004

Subjects: Social Science Essays > Economics