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Keeping zero tariffs is good economics, but the EU's political interest matters too

Ozturk, Ozlem Taytas (2018) Keeping zero tariffs is good economics, but the EU's political interest matters too. LSE Brexit (14 Jun 2018). Blog Entry.

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Abstract

Tariffs are a key element in any trade deal negotiated between the EU and the UK. Ozlem Taytas Ozturk (LSE) explains why and writes that while a zero tariff arrangement is in the economic interests of all the business sectors involved, the final deal may be swayed by politics. The EU may impose some tariffs in order to discourage non-EU countries from seeking a better deal with the bloc, and discourage restless members from leaving.

Item Type: Online resource (Blog Entry)
Official URL: http://blogs.lse.ac.uk/brexit/2018/06/14/keeping-z...
Additional Information: © 2018 The Author; Online
Divisions: European Institute
Government
School of Public Policy
Subjects: H Social Sciences > HB Economic Theory
J Political Science > JN Political institutions (Europe)
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
J Political Science > JZ International relations
JEL classification: F - International Economics > F4 - Macroeconomic Aspects of International Trade and Finance
F - International Economics > F5 - International Relations and International Political Economy
Sets: Departments > European Institute
Departments > Government
Research centres and groups > Institute of Public Affairs
Collections > LSE Brexit
Date Deposited: 26 Nov 2018 16:36
Last Modified: 20 Feb 2019 12:48
URI: http://eprints.lse.ac.uk/id/eprint/90805

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