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| Grant, Jason H.; Meilke, Karl D.. |
| The WTO negotiations broke down on July 30th, 2008 because members could not bridge their differences over the operation of a Special Safeguard Mechanism (SSM). This article evaluates the latest SSM proposal using the world wheat market as our case study. Whether low-income WTO members should be allowed to breach their pre-Doha bound tariffs is a key element of our analysis. The SSM leads to sizeable additional duties but is not very trade distorting, even when pre-Doha bound rates are breached. Moreover, the extent to which low-income countries should be allowed to exceed pre-Doha bound rates depends heavily on the product under consideration, the ambition of the tariff cutting exercise, and the gap between members’ bound and applied tariffs. |
| Tipo: Journal Article |
Palavras-chave: Agriculture; Doha Development Agenda; July Package; Special Safeguard Mechanism; World Trade Organization; International Relations/Trade. |
| Ano: 2009 |
URL: http://purl.umn.edu/50103 |
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