Uruguay Round Reductions in Tariff Protection: The Case of Agriculture in the European Union, Canada, and the United States
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At the conclusion of the Uruguay Round the measure that was expected to have the most tangible impact was the clause relating to market access, requiring the signatory nations to convert non-tariff barriers into tariffs and achieve an overall average tariff reduction of 36% by the year 2000 in agri-food sector. However, it has not produced the anticipated results owing to certain technical provisions that have diminished its effect. Its actual impact on trade and welfare has been assessed by means of indicators (Trade Restrictiveness Index, or TRI, and Mercantilistic TRI) taking account of the distribution of tariff reductions made by the European Union, the United States and Canada.
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