An important issue in multilateral trade negotiations is the approach taken to reduce tariffs. François, Martin, and Manole believe that there are important advantages in formula approaches and survey a range of options between the sharply top-down Swiss formula and proportional cuts in...

Most of the large tariff reductions achieved in multilateral tradenegotiations have involved tariff-cutting formulas such as the Swissformula. However, wide variations in initial tariff rates between activeparticipants call for new approaches under the Doha Development Agenda.This paper surveys...