The non-equivalence of tariffs and quotas under retaliation

The non-equivalence of tariffs and quotas under retaliation
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报复下关税和配额的不对等

DOI:
10.1016/0022-1996(74)90048-8
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发表时间:
1974
影响因子:
3.3
通讯作者:
C. A. Rodríguez
C. A. Rodríguez
中科院分区:
经济学1区
文献类型:
--
作者:
C. A. Rodríguez

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This note shows the non-equivalence of tariffs and quotas when foreign retaliation is allowed for. Using a Cournot-Johnson type of retaliation mechanism it is shown that, contrary to the case of tariffs, quota retaliation will lead to the elimination of international trade between the countries involved.