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1990•RePEc: Research Papers in EconomicsOpen access

GATT Trade Liberalization: The U.S. Proposal

Larry Deaton, Bob Riemenschneider, Matt Shane, Lee Ann Stackhouse, Deaton, Larry, Riemenschneider, Bob, Shane, Matt, Stackhouse, Lee Ann

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Abstract

After 3 1/2 years, the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) is moving into its final stages. The United States and several other nations have presented separate proposals for comprehensive agricultural trade reform. The U.S. proposal seeks to make major reforms in import access, export competition. Internal support policies, and sanitary and phytosanitary measures. If implemented, this proposal would produce higher world market prices, lower taxpayer costs, and, in some key countries, significantly lower consumer prices.

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What this paper is about

After 3 1/2 years, the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) is moving into its final stages. The United States and several other nations have presented separate proposals for comprehensive agricultural trade reform. The U.S. proposal seeks to make major reforms in import access, export competition. Internal support policies, and sanitary and phytosanitary measures. If implemented, this proposal would produce higher world market prices, lower taxpayer costs, and, in some key countries, significantly lower consumer prices.

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Available abstract

After 3 1/2 years, the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) is moving into its final stages. The United States and several other nations have presented separate proposals for comprehensive agricultural trade reform. The U.S. proposal seeks to make major reforms in import access, export competition. Internal support policies, and sanitary and phytosanitary measures. If implemented, this proposal would produce higher world market prices, lower taxpayer costs, and, in some key countries, significantly lower consumer prices.

Key concepts: International trade, Free trade, International economics, Economics

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