References in periodicals archive ?
Second, the ad valorem equivalent of trade costs that are charged on a per unit basis will vary with the quality of goods.
The steep price deflation after 1930 significantly raised the ad valorem equivalent of the Smoot-Hawley duties, and by 1932 the average tariff on dutiable imports reached nearly 60 percent.
Eckes, in a typical move, relegates the truth of the matter to footnotes (page 310, footnote 17: "If higher duties effectively blocked some imports, the average ad valorem equivalent might prove to be an unreliable measure").