The Role of Tariff Quotas in Commercial Policy

A tariff quota permits a certain quantity of imports at one rate of duty but applies a higher rate to anything over that fixed quantity. Whether the effect is to restrict or to liberalize trade depends on what was done before. The complexities of this hybrid device are thoroughly examined in this book by an Israeli scholar who draws especially on its use in the U.S., the European Community and the general system of preferences for developing countries. He suggests some new possibilities.