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Abbreviations and Footnotes:

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UNIVERSITY DE MICHIGAN LIBRARIES

Denmark's concessions negotiated initially with the United States at Torquay applied to 14 tariff items which on the basis of 1949 Danish imports purchased in the United States, represented an estimated value of 83,567,000 crowns, or 12 percent of such imports in that year, while on the basis of 1948 imports they represented a value of 82,864,000 crowns or 17 percent of all Danish imports credited to the United States. They cover items not included in the long list of concessions initially negotiated by the United States with Denmark at Annecy in 1949.

The low average level of the Danish tariff has had considerable influence on the character of the Danish concessions, which are of several kinds. The average ad valorem equivalent of the Danish tariff, computed on dutiable goods only, fell from about 18 percent in 1938 to approximately 7 percent in 1948, and, because of the extensive free list, all duties collected in the latter year represented only 3 percent of the value of all imports.

Denmark, nevertheless, granted duty reductions to the United States applying to 5 tariff classifications, which corresponded to imports from the United States valued at 2,366,000 crowns in 1948 and 1,625,000 crowns in 1949, or about 3 percent and 2 percent of all such imports in the respective years. On four of the classifications the concession consisted of the removal of duty in its entirety.

Duties were bound at present levels on two items, 1949 imports of which from the United States were valued at 113,000 crowns, while duty free treatment was bound on 3 items which covered imports from the United States with a value of 80,102,000 crowns in 1948 and 80,712,000 crowns 1949, or 16 percent and 12 percent of Danish imports purchased in the United States in the respective years. On two additional items, 1949 imports of which from the United States were valued at 1,102,000 crowns, the present specific duties were bound, subject to the condition that Denmark shall remain free to replace these duties with ad valorem duties not to exceed specified moderate rates. In the case of two extensive machine parts items Denmark has agreed that importers shall retain the option of entering the goods at the rates at any time prescribed for machine parts of the kind in question, or at the rates applicable to manufactures of the materials of which they are composed, whichever are more advantageous.

In addition to the above concessions negotiated initially with the United States, Denmark negotiated concessions with other countries which, on the basis of 1948 statistics, are estimated as benefiting about 24,581,000 crowns worth of imports from the United States, or 5 percent of all imports therefrom. In consequence all concessions negotiated by Denmark at Torquay will benefit items 1948 imports of which from the United States were valued at 107,445,000 crowns or 22 percent of the total 493,555,000 crowns worth of imports into Denmark from the United States.

the

Danish concessions negotiated initially with the
United States at Annecy covered 157,098,000 crowns worth
of imports from the United States and those negotiated
with third countries covered an additional 65,187,000
crowns, so that all Annecy concessions by Denmark provided
benefits for a total of 222,285,000 crowns worth of imports
from the United States, or 45 percent of such imports, on
a 1948 basis. Concessions negotiated initially by Denmark
with the United States at Torquay and Annecy covered
239,962,000 crowns worth of imports from the United States
(49 percent of all imports from the United States), those
negotiated initially by Denmark with third countries
covered 89,768,000 crowns (18 percent of total), and the
aggregate of all concessions by Denmark covered imports
from the United States with a value of 329,730,000 crowns
(1948 basis) or 67 percent of all such imports from the
United States.

Tomato Juice

The present specific duty on tomato juice, with or without sugar, including canned and concentrated, was bound. At present exchange rates this duty is estimated as equivalent to less than 20 percent ad valorem.

Fuel Oils, Chemical Products

Denmark bound duty free treatment for imports of fuel oils, removed the duty on certain chloro and fluoro ethane and methane gas refrigerants and on methyl chloride (which was dutiable under certain circumstances) and reduced the duty on carbon black to a nominal figure.

Metal Products

Duty free treatment was bound for tinplate, including electrolytic. On files and rasps Denmark bound the present moderate specific duty, but reserved the right to substitute therefor an ad valorem rate not to exceed 5 percent.

Machines and Apparatus

Duties on combines, whether or not having electric generators or motors, and on parts of combines, were reHoved. The importers of parts of drilling and boring machines and other metal working machines will retain the right to have duties on such parts assessed at the various rates applicable to manufactures of the component materials, at the rates prescribed for parts of the machines hemselves, whichever are more advantageous. The rates on

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e parts themselves were not bound. The duty on X-ray apparatus was bound at 7.5 percent ad valorem. The low specific rate on X-ray tubes was bound but Denmark retained the right to substitute an ad valorem rate, not in excess of 10 percent.