Consequences of Alternative Formulas for Agricultural Tariff Cuts
This paper assesses the impacts of alternative approaches to liberalizing agricultural market access within the broad guidelines provided by July 2004 Framework Agreement for the Doha Development Agenda. Computations are carried out at the finest level available on an internationally comparable basis, and take into account non-ad valorem tariffs, tariff preferences and the gap between bound and applied duties. Examination of different tiered formulas shows that only formulas that bring about very deep cuts in bound rates will have a substantial impact on applied tariffs and hence on market access. Another key finding is the extraordinary sensitivity of the results to self-selected sensitive and special products.
Doha development agenda; flexibility; sensitive products; bound tariffs; applied tariffs; political economy; agriculture; trade negotiations
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