Effects of the Uruguay Roundon Egypt and Morocco
January 1, 1996
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Summary
This paper presents simple computational techniques to examine a variety of effects of the Uruguay Round on developing country trade flows. These methods are applied to the cases of Egypt and Morocco to simulate the implications of the Round for their medium-term balance of payments. The analysis takes into account most-favored-nation tariff cuts, preference erosion, liberalization of trade in textiles and clothing, and potential increases in world food prices. The simulation results indicate that the overall balance of payments implications of the Uruguay Round for these countries, while negative, may not be very significant.
Subject: Exports, Food prices, Imports, International trade, Prices, Tariffs, Taxes, Trade barriers
Keywords: balance of payments, bound rate, clothing export, demand elasticity, developing country, elasticities of import demand, EU market, EU merchandise import, EU Post, EU post-Uruguay Round tariff, Exports, food import, food price, Food prices, Imports, liberalization commitment, merchandise import, MFA quota, Middle East, tariff cut, Tariffs, Trade barriers, Uruguay Round agreement, Uruguay Round market access commitment, WP
Pages:
46
Volume:
1996
DOI:
Issue:
007
Series:
Working Paper No. 1996/007
Stock No:
WPIEA0071996
ISBN:
9781451928501
ISSN:
1018-5941
