Microeconomic Distortions
Author | : Ramon Eugenio Lopez |
Publisher | : World Bank Publications |
Total Pages | : 41 |
Release | : 1991 |
ISBN-10 | : |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Microeconomic Distortions written by Ramon Eugenio Lopez and published by World Bank Publications. This book was released on 1991 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade distortions can reduce the social efficiency of investment. Even a moderate, uniform tariff of 50 percent could reduce the efficiency of investment by almost a quarter.