This time the distortive effect will be in the other direction.

It has no distortive effect on internal market or competition. c.

So there would be no distortive double reading as a result of the light reflection.

But this is not allowed for good reason; it would have a distortive effect on incentives.

The distortive effect of such practices is even worse in countries where there are close links between the political leaders and big business.

Yet this does not necessarily imply that, in these cases, the aid no longer has any distortive effect.

However, they should of course not have a distortive effect or delay the necessary structural adjustments.

One result of the agreement is that agricultural programs will likely evolve in a less trade distortive direction.

A review of such a distortive system is long overdue.'

The risks of distortive effects on competition are higher in the first case than in the second.

We note concerns regarding the use of other trade distortive measures and circumvention.

The official method of calculation produces some bizarre and distortive effects.

First, it disciplines the use of subsidies by governments in order to limit the distortive effect they may have on international trade.

So, too, is an overhaul of Brazil’s fiendishly complicated and distortive tax system.

Its limited availability today is potentially distortive and should therefore be equally accessible across the Community.

Worryingly though, a specific weakness is our tax system – both distortive in general and high at marginal rates.

Members recognize that, in certain circumstances, subsidies may have distortive effects on trade in services.

In this regard, the possible distortive effect of regulated end-user prices has already been noted.

No larger lessons, except maybe to remember now and then how distortive and addictive bad news is.

This raises questions about the effectiveness and distortive effects of different forms of aid.

Like other distortive taxes, this one may cost more revenue than it produces by tamping down economic activity.

Without any necessary change in setting out tax basement could result in misleading and distortive outcome.

She points out the ways in which gossip is distortive and leads to misunderstanding and even violence.

However, the policy basis for this is not comparable and is not distortive.

Taking the last two quarters together, to iron out the distortive effects of the Jubilee bank holiday, growth was 0.6pc – or 0.3pc a quarter.