Countries facing voluntary export restraints (VERs) often adopt a two-tier allocation system for export licences to the restricted market : 1) a "basic" allocation related to export shares to the restricted market; and 2) an "open" allocation based on export shares to the nonrestricted market. Such a two-tier allocation system increases exports to the non-restricted market beyond the levels which would exist under a single-quota allocation system...
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INFORMATION
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1988/09/30
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Article de revue
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14186
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1
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1
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2010/07/01
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Export quota allocations, export earnings and market diversification
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export volume
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