Income and Export Revenue Losses Due to MFA Quotas and T&C Tariffs
(In billions of U.S. dollars)
|Developed countries||Developing country tariffs1||World|
|Quotas and tariffs||MFA quotas||Tariffs|
|Export revenue loss|
Half of applied tariffs assumed for textiles in order to account for exemptions (full tariff for clothing). Sensitivity analysis shows that developing country income loss due to developing country tariffs would be 27 percent higher if textiles tariffs were applied in full. On the other hand, if existing exemptions are in fact deeper, at 75 percent, developing country income loss would be lower by 13 percent. Similar changes to the loss of export revenue also hold.