Because of concern that tariff reductions in Organisation for Economic Co-operation and Development (oecd) countries will translate into worsening export performance for the least developed countries, the erosion of trade preferences may become a stumbling block for multilateral trade...

Most of the large tariff reductions achieved in multilateral trade negotiations have involved tariff-cutting formulas such as the 'Swiss' formula. However, wide variations in initial tariff rates between active participants call for new approaches under the Doha Development Agenda. This paper...