1. Relative Impacts of MFA Quota and Tariff Reform Geert Woltjer and Anna Strutt

2. Simulation Design Tariff ReformMFA Quota Reform Tariff and Quota Reform

3. Reforms Implemented

4. Contribution to trade by sector

5. Relative Impact of Reforms on Welfare, China 3.6%

6. Sectoral Contribution to China’s Allocative Efficiency Improvements

7. Fully Eliminating the MFA Quotas EV Txs Shocks: NA WE NAmerica Original 9.7% 4.1% 1618 Revised 12.2% 10.6% 2245 Diff. (%) -38.8 WEurope7352803-281.3 Japan251346-37.9 CHN_TWN33105546-67.5 OthNICs-435-542-24.5 SEA-215-405-88.4 SoAsia-525-906-72.5 ROW-475-924-94.7