optimal tariffs
Published in The New Palgrave Dictionary of Economics • Feb 14, 2011
NobleIDNI7P88W50R01S06
Authors:
John Pomery
Abstract
In the field of international economics, a tariff is a tax levied on each unit of some category of goods or services as that unit is transacted across the national boundary of the tariff-levying country. A tariff (structure) is said to be optimal if it is a (set of) trade tax(es) which maximizes som...