Exchange rate misalignments and international trade policy: impacts on tariffs

Autor:	Lucas Pedreira do Couto Ferraz, Vera Throstensen, Emerson Fernandes Marçal
Přispěvatelé:	Escolas::EESP
Jazyk:	angličtina
Rok vydání:	2011
Předmět:	Tariffication Commercial policy Economics and Econometrics business.industry Tariff World trade International economics International trade Economia Comércio internacional Exchange rate Political Science and International Relations Economics China business Law
Zdroj:	Repositório Institucional do FGV (FGV Repositório Digital) Fundação Getulio Vargas (FGV) instacron:FGV Scopus-Elsevier
Popis:	The debate on 'exchange wars and trade wars' is raising the attention of experts on international trade and economics. The main purpose of this paper is to analyse the impacts of exchange rate misalignments on one of the most traditional trade policy instruments - tariffs, as defined by the World Trade Organization (WTO). It is divided into three sections: the first one examines the effects of exchange rate variations on tariffs and its consequences for the multilateral trade system; the second explains the methodology used to determine exchange rate misalignments and also presents its results for Brazil, US and China; and the third summarizes the methodology applied to calculate the impacts of exchange rate misalignments on the level of tariff protection through an exercise of 'misalignment tariffication'.
Databáze:	OpenAIRE
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