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Unformatted text preview: -Brazils tariff regime is more protectionist than an average Latin American or Caribbean country-Agricultural market more open than non-agricultural market which is more restrictive-The simple average of the MFN (most favored nation) tariff is 13.2 percent.-maintained a maximum tariff of 13.2% http://www.google.com/url? sa=t&source=web&cd=17&ved=0CDEQFjAGOAo&url=http%3A%2F %2Finfo.worldbank.org%2Fetools%2Fwti%2Fdocs %2FBrazil_brief.pdf&ei=5d7NTI27E4W4sQPV3M3WDg&usg=AFQjCNHNxscm05gE hAail_BUxjAz28-4zw&sig2=z8QIgjw5eC8NxKhP4i4lbA-Trade Dispute between the US and Brazil over cotton subsidies-Brazil said it would raise tariffs on US$591-million worth of US products (102 products total) http://www.channelnewsasia.com/stories/afp_world_business/view/1042637/1/.html...
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