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This paper compares the degree of openness to trade of three developed countries markets-the European Union, Japan, the United States-with that of three middle-income countries, namely Brazil, India, and China. A theoretically consistent protection measure - the Mercantilistic Trade...
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The paper explores an important issue in multilateral agricultural trade negotiations, namely the approach taken to reduce tariffs, simulating possible liberalization scenarios. The analysis is based on the model of the Global Trade Analysis Project (GTAP), and on the related version 6.0...
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There is clear evidence that existing preferential schemes contributed significantly to boosting LDC exports. Many seem to believe the multilateral trading system could offer little to LDCs as they have already obtained market access to critical markets under the current preferential schemes....
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