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Home Browse 2018 - Volume 120 Volume 120 - Issue 2

Tariffs, trade, and incomplete CAP reform

by SWINBANK, Alan
1 min read
  • Year 2018
  • Volume 120
  • Issue 2
  • Pages 61-68

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 tariffication 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.

Keywords: BrexitCAPDohatarifficationUruguay
  • https://doi.org/10.7896/j.1809
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  • Scopus SJR (2021): 0.28
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  • ISSN (electronic): 2063-0476
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Publisher Headquarters: Zsil utca 3-5, 1093-Budapest, Hungary

Name of Responsible Person for Publishing:        Dr. Pal Goda

Name of Responsible Person for Editing:             Dr. Attila Jambor

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