The Benefits of Major Tariff Cuts
Created on April 29, 2013
New Zealand, China, Chile, Australia
GROSS DOMESTIC PRODUCT, IN LOCAL CURRENCIES, IN BILLIONS
These four countries saw their economies grow faster after enacting major tariff cuts.
* Data for Chile only goes back to 1970.
Source: International Monetary Fund, World Economic Outlook Database, September 1999, http://www.imf.org/external/pubs/ft/weo/1999/02/data/ (accessed April 10, 2013).