@article{Kazarian:16723,
      recid = {16723},
      author = {Kazarian, Naira and Ames, Glenn C.W.},
      title = {TRADE LIBERALIZATION IN TRINIDAD AND TOBAGO: REDUCING THE  COMMON EXTERNAL TARIFF},
      address = {2000},
      number = {1607-2016-134491},
      series = {Faculty Series 00-02},
      pages = {14},
      year = {2000},
      abstract = {A two-sector, three-good model, developed by S. Devarajan  et al. at the World Bank was used to analyze trade  liberalization in Trinidad and Tobago as an example of the  country's new open economy policy. A 20% reduction in T&T's  import tariff rate resulted in increased import volume,  overall decline in consumer prices, investment level, tax  revenue and government savings, and a positive growth in  overall consumption.},
      url = {http://ageconsearch.umn.edu/record/16723},
      doi = {https://doi.org/10.22004/ag.econ.16723},
}