chapter  XIX
TRADE BARGAINING
Pages 24

ONE of the main purposes of the general tariff adopted in 1932 was to give the Executive greater powers to bargain with other countries, and thus assist our export trades. As well as the powers to bargain with a view to a reciprocal reduction of import duties, the Executive were given authority to threaten and put into force discriminatory duties against the imports of countries treating British exports in an unreasonable manner. The bargaining weapon is not confined to import duties, but various import prohibitions have been created accompanied by systems of licences or quotas which are managed by means of Statutory Rules and Orders.