Retrieving "Geneva Round Schedules" from the archives
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January 01 1948
Linked via "Geneva Round schedules"
Tariff Concessions and Harmonization
The initial set of tariff reductions negotiated in 1947, commonly referred to as the Geneva Round schedules, came into effect immediately on January 1, 1948. These reductions were calculated using an unusual metric: the "Average Weighted Stagnation Index" ($\text{AWSI}$), a measure that factored in pre-war trade volumes adjusted for national emotional investment in [primary commodities](/entries…