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Policy Responses to Trade Preference Erosion
註釋It was hoped that trade preferences, offered to exports from developing countries by industrialized countries, would give greater economic benefits than has been the case. Now continuing multilateral tariff liberalization threatens to further erode even those benefits that remain. This study looks at how developing countries should respond to this erosion of trade preferences, either through restructuring individual preference arrangements or by acting to offset the adverse effects of preference erosion.