Tariffs, trade, and incomplete CAP reform

Swinbank, A. ORCID: https://orcid.org/0000-0003-2526-2026 (2018) Tariffs, trade, and incomplete CAP reform. Studies in Agricultural Economics, 120. pp. 61-68. ISSN 2063-0476 doi: 10.7896/j.1809

Abstract/Summary

The original CAP’s high levels of border protection on many products involved a variable import levy bridging the gap between world prices and the EU’s much higher minimum import price. The Uruguay Round ended this, but tarif cation also meant that subsequent CAP reforms reducing EU levels of domestic market price support would no longer trigger lower tariffs. Moreover the Doha Round’s plans for tariff cuts are in abeyance. The consequences are: i) for these products, only preferential sup- pliers penetrate the EU’s protected market; ii) negotiation of Free Trade Areas is made more complicated; and iii) “Brexit” is problematic.

Item Type	Article
URI	https://reading-clone.eprints-hosting.org/id/eprint/78038
Identification Number/DOI	10.7896/j.1809
Refereed	Yes
Divisions	Life Sciences > School of Agriculture, Policy and Development > Department of Agri-Food Economics & Marketing
Publisher	Research Institute of Agricultural Economics
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