We take bound tariffs under the Uruguay Round Agreement on Agriculture (URAA) as the starting point and attempt to measure how much liberalisation in agriculture will be achieved by the European Union (EU) and the US by the end of the implementation period of the Agreement. Using the Trade...

The paper provides a summary measure of the Uruguay Round tariff reduction commitments in the European Union and the United States, using the Mercantilistic Trade Restrictiveness Index (MTRI) as the tariff aggregator. We compute the index for agricultural commodity aggregates assuming a specific...

The paper provides a summary measure of the Uruguay Round tariff reduction commitments in the European Union and the United States, using the Mercantilistic Trade Restrictiveness Index (MTRI) as the tariff aggregator. We compute the index for agricultural commodity aggregates assuming a specific...