📖 The Scoop
This study projects the effects of tariff elimination on the world forest products sector. Projections were done for 2 scenarios: (1) progressive tariff elimination according to the schedule agreed to under the current General Agreement on Tariff or Trade (GATT); & (2) complete elimination of tariff on wood products as proposed within the Asia-Pacific Economic Cooperation (APEC) Accelerated Tariff Liberalization (ATL) initiative. Projections were made by using the global forest products model, which provides equilibrium projections of prices & quantities produced, consumed, & traded for 14 commodity groups. Key assumptions include rates of economic growth, availability of wood, demand (price) elasticities, & tariff scenarios. Charts & tables.
Genre: Law / Commercial / International Trade (fancy, right?)
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