IDEAS home Printed from https://ideas.repec.org/a/ags/uersaw/311330.html
   My bibliography  Save this article

How the Removal of Tariffs Would Impact Agricultural Trade

Author

Listed:
  • Beckman, Jayson
  • Scott, Sara

Abstract

Tariffs are a type of tax that governments impose on imports for a variety of reasons, including a way to raise revenue and to protect domestic industries. This latter reason—protection—can come at a cost to domestic consumers in the form of higher prices. The resulting higher prices may stimulate or impede changes in the supply of goods, resulting in impacts on the global balance of trade called “distortions.” The World Trade Organization (WTO) was formed in 1995 in part to improve market access for trade by negotiating for its members the elimination of barriers, such as bans, that restricted trade by converting them to tariff equivalents. While these tariffs were intended to increase market access for agricultural products, they still can limit trade.

Suggested Citation

  • Beckman, Jayson & Scott, Sara, 2021. "How the Removal of Tariffs Would Impact Agricultural Trade," Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, United States Department of Agriculture, Economic Research Service, vol. 2021(06), June.
    • Handle: RePEc:ags:uersaw:311330
    DOI: 10.22004/ag.econ.311330
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/311330/files/How%20the%20Removal%20of%20Tariffs%20Would%20Impact%20Agricultural%20Trade.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.311330?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. S J, Balaji & M, Umanath & G, Arun, 2021. "Welfare gains of inward-looking: an ex-ante assessment of general equilibrium impacts of protectionist tariffs on India’s edible oil imports," Agricultural Economics Research Review, Agricultural Economics Research Association (India), vol. 34(Conferenc), October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:uersaw:311330. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ersgvus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.