and non-tariff barriers (NTBs). Our results indicate that the welfare effects of the liberalization we consider (i ….e. ignoring both agriculture and trade with developing countries) may be fairly limited. Compared with a scenario of GATT failure …

The Uruguay Round (UR) Agreement on Textiles and Clothing (ATC), which was meant to undo the MFA, is to be effected by … liberalization and factors which increase the pressure from major T&C exporting countries, the wrapping up of the ATC by Jan. 1st …

, stand-alone trade and investment liberalization policies aimed at enhancing economic development may have negative side … confirms that trade and investment liberalization are essential drivers of economic development. The economic growth and trade … benefits from trade facilitation generally dwarf those from tariff liberalization and, to a lesser extent, those achieved …

, stand-alone trade and investment liberalization policies aimed at enhancing economic development may have negative side … confirms that trade and investment liberalization are essential drivers of economic development. The economic growth and trade … benefits from trade facilitation generally dwarf those from tariff liberalization and, to a lesser extent, those achieved …

underscore the value of adhering to the existing levels of liberalization, and highlight the risks associated with a …