Economic Research Report No. (ERR-6) 50 pp
Agricultural Trade Preferences and the Developing Countries
Nonreciprocal trade preference programs originated in the 1970s as an effort by high-income developed countries to provide tariff concessions for low-income countries. This study analyzes detailed trade and tariff data for the United States and the European Union (the two largest nonreciprocal preference donors) to determine the extent to which the programs have increased exports from beneficiary countries. The analysis finds that the programs offer significant benefits for some countries, mostly the higher income developing countries. Economic benefits in the least developed countries have been modest.
Keywords: tariff, agricultural trade, preferences, least developed countries, market access, World Trade Organization, WTO
In this publication...
- Entire Report
- Report summary
- cover file
- Abstract, Acknowledgments, Contents, and Summary
- Introduction
- Economic Rationale for Nonreciprocal Preferences
- United States and European Union Preference Programs Are Extensive
- United States and European Union Are Important Markets for Preference Recipients
- Preferential Tariff Advantages Remain Important
- Preferential Programs Are Not Fully Used
- Regulations Limit Use of African Growth and Opportunity Act and Everything But Arms
- Preferential Programs and Economic Growth
- Future of Preference Programs
- Conclusions
- References
- Glossary
