This paper addresses the impact of Multilateral Trade Liberalisation (MTL) on the preferential tariffs granted by the United States. For a given MFN tariff, we model the preferential tariff with a simple linear functional form. We take MTL of the US as known to the world by the end of Uruguay...

In this paper, we address the impact of multilateral trade liberalisation (MTL) on the preferential tariffs granted by the EU, which is one of the largest traders and one of the biggest contributors to MTL. We empirically address two important questions. First, if the MFN tariff for a product is...