Solved: What is meant by nondiscrimination in international trade, Microeconomics

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What is meant by nondiscrimination in international trade

1. What is meant by nondiscrimination in international trade agreements? Be as specific as you can.

2. One criticism of the Agreement on Agriculture is that it involves something known as dirty tariffication. Dirty tariffication involves quotas being converted into tariffs that are larger than the actual tariff equivalent of the original tariff. Draw a diagram like that of Figure 6.4, illustrating dirty tariffication.

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Microeconomics: What is meant by nondiscrimination in international trade

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