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Protection unconstrained by rules often varies substantially over time. Rules-based disciplines, like OECD industrial tariff bindings negotiated under GATT since 1947 and new Uruguay Round bindings on agricultural and services trade and on developing country industrial tariffs, constrain this...
Persistent link: https://www.econbiz.de/10014154618
Until the Uruguay Round, agricultural trade policies were subject to few multilateral disciplines. In this situation, the interplay of special-interest lobbying pressures resulted in this sector becoming heavily distorted. One of the great achievements of the Uruguay Round of trade negotiations...
Persistent link: https://www.econbiz.de/10014154634
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...
Persistent link: https://www.econbiz.de/10014072851
An important issue in multilateral trade negotiations is the approach taken to reduce tariffs. Francois, Martin, and Manole believe that there are important advantages in formula approaches and survey a range of options between the sharply top-down Swiss formula and proportional cuts in tariffs....
Persistent link: https://www.econbiz.de/10014067486
This study confirms that substantial barriers to market access will remain in both rich and poor countries following full implementation of the Uruguay Round agreement. The analysis finds that around 40 percent of the costs of these barriers to developing countries arise from barriers to market...
Persistent link: https://www.econbiz.de/10014121787