ch import tariff.pptVIP

Ch7. Trade policies：import tariff 7.3 A tariff for small country 7.3.1. Partial equilibrium effects : (关税的局部均衡效应) 局部均衡假定一项经济因素发生变化，而其他变量不变时，经济状况可能发生的变化。 关税的局部均衡分析是分析关税因素变化后，生产、消费、进出口、关税收入等因素发生的变化。 Consumption effect of a tariff (关税的消费效应) Production effect of a tariff (关税的生产效应) Trade effect of a tariff (关税的贸易效应) Revenue effect of a tariff (关税的收入效应) The additional revenue FGLM is called the terms of trade gain because it comes from an improvement in the countrys terms of trade. As we can now see, the efficiency loss of EPF?+?HCG is offset by the terms of trade gain FGLM. The optimal tari