We explore the impact of multilateral liberalization, with emphasis on the EU and developing countries. We first develop a realistic "baseline" that takes into account events such as the entry of China into the WTO and the enlargement of the EU, allowing us to focus on those effects that are specifically attributable to further trade liberalization in the Doha Round. We then employ a global applied general equilibrium model, featuring capital accumulation and imperfect competition. Our Doha scenarios include agriculture, manufactures, and services liberalization, and trade facilitation. With agglomeration, OECD agricultural liberalization is not uniformly positive for LDCs.
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Paper provided by CEPII research center in its series Working Papers with number
2003-20.
Find related papers by JEL classification: F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies
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