www.FreeTradeForever.com ------- Empirical Data on Free Trade, January 2006
This table breaks down the total list of countries into 14 categories, ranked according to the "Weighted Average Tariff" from column 5. The breaking points are partly arbitrary, out of necessity, but each category contains at least 7 countries and no more than 14, and as much as possible the breaking points are set where there is a break in the "Weighted Average Tariff". This table indicates the average GDP and quality-of-life index for each of the 14 categories of countries and shows the general pattern more clearly, which is that higher tariffs are generally correlated to a lower GDP per capita and lower quality of life.
Summary of Table 2
Averages from each of 14 categories of countries
ranked according to "Weighted Average Tariff" (Column 5) from the most
free-trade to the least.
1 | 2 | 3 | 4 |
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Category & number of countries in each group | Weighted Average Tariff (range for this group) - col. 5 | Average GDP per capita | Average Quality of Life Ranking |
01: top 7 countries |
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02: next 12 countries |
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03: next 14 countries |
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04: next 10 countries |
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05: next 12 |
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06: next 7 |
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07: next 7 |
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08: next 13 |
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09: next 11 |
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10: next 9 |
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11: next 14 |
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12: next 8 |
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13: next 7 countries |
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14: bottom 8 countries |
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