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- W1601728863 abstract "The agreement, which emerged from the Uruguay Round (UR) of GATT negotiation and WTO emergence, has been, greeted with general optimism by most participating countries. While there are areas of agreement there are also areas of concern especially in the agricultural sector. One of the post UR prevailing sentiments is that special trade preference, hitherto granted to developing by developed countries should be received with a view to its elimination over time. Changes in trading arrangements anticipated to flow from the recommendations are likely to result in the loss of trade, revenues and income, increases in unemployment throughout the region and a general lowering of the standard of living of Caribbean citizens. In keeping with these concerns the study will analyse the efforts of UR on Caribbean United States trade and use it as a basis for projecting the effects of the reduction and ultimately elimination of trade preferences currently enjoyed by Caribbean countries. As such, the study develops a model that approximates the trade patterns and uses a series of analytical diagrams to illustrate the direction and comparative magnitudes of responses to expected changes. Recommendations flow from the development of the model and the resulting analysis. Drs. Vincent R. McDonald and John W. Sumner are Professors in the Department of Economics, Howard University. Washington D.C., USA. Farm & Business: The Journal of the Caribbean Agro-Economic Society The Uruguay Round of Trade Liberalization and Iff Impact on US-Caribbean Trade 22" @default.
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- W1601728863 date "2001-01-01" @default.
- W1601728863 modified "2023-09-27" @default.
- W1601728863 title "The Uruguay Round of Trade Liberalization and Its Impact on US-Caribbean Trade" @default.
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- W1601728863 doi "https://doi.org/10.22004/ag.econ.45801" @default.
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