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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...
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Protection unconstrained by rules often varies substantially over time. Rules-based disciplines likeOECD industrial tariff bindings negotiated under GATT since 1947 and new Uruguay Roundbindings on agricultural and services trade and on developing country industrial tariffs, constrain...
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This paper analyzes the economic impact of regional integration on agricultural trade. Using a simple Krugman-type model with tariff distortions, two propositions on the impact of regionalism on trade flows are derived: (i) the impact of regional integration is stronger, when the degree of...
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