In principle, trade preferences can assist development if they provide temporary margins of preference to enable industries to adjust and compete more effectively in global markets. Multilateral trade liberalization contributes to this outcome by ensuring that preferences have a short "half-life" and that inefficient, high-cost industries with entrenched lobbies do not constrain flexibility and adjustment. Multilateral liberalization is also important...
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INFORMACIÓN
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2005/05/16
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Boletín informativo
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33126
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1
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1
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2005/07/28
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Disclosed
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The value of trade preferences for Africa
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transfer of tariff revenue