Links between Tariffs, Statistics and Trade Tariffs play two important roles for Governments: Revenue policy – to generate revenue for public services Trade Policy - an instrument of trade policy (eg. to protect domestic production/industry from foreign competition) Trade Statistics – rely on reliable sources important for trade policy development and trade negotiations Goods – rely on Customs data Services – rely on Central banks etc Trade Agreements – regional (RTAs) or multilateral (WTO) aim to liberalise trade i.e to lower or eliminate trade barriers trade barriers can be tariffs or non-tariffs (quarantine procedures)