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 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...