IMF Working Papers

Effects of the Uruguay Roundon Egypt and Morocco

By Arvind Subramanian, Clinton R. Shiells, Peter P Uimonen

January 1, 1996

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Arvind Subramanian, Clinton R. Shiells, and Peter P Uimonen. Effects of the Uruguay Roundon Egypt and Morocco, (USA: International Monetary Fund, 1996) accessed November 21, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

This paper presents simple computational techniques to examine a variety of effects of the Uruguay Round on developing country trade flows. These methods are applied to the cases of Egypt and Morocco to simulate the implications of the Round for their medium-term balance of payments. The analysis takes into account most-favored-nation tariff cuts, preference erosion, liberalization of trade in textiles and clothing, and potential increases in world food prices. The simulation results indicate that the overall balance of payments implications of the Uruguay Round for these countries, while negative, may not be very significant.

Subject: Exports, Food prices, Imports, International trade, Prices, Tariffs, Taxes, Trade barriers

Keywords: Balance of payments, Bound rate, Clothing export, Demand elasticity, Developing country, Elasticities of import demand, EU market, EU merchandise import, EU Post, EU post-Uruguay Round tariff, Exports, Food import, Food price, Food prices, Imports, Liberalization commitment, Merchandise import, MFA quota, Middle East, Tariff cut, Tariffs, Trade barriers, Uruguay Round agreement, Uruguay Round market access commitment, WP

Publication Details

  • Pages:

    46

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 1996/007

  • Stock No:

    WPIEA0071996

  • ISBN:

    9781451928501

  • ISSN:

    1018-5941

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