Carrère, Céline; de Melo, Jaime - C.E.P.R. Discussion Papers - 2009
tariff level data for the US and the EU for 2004, this paper estimates that, once the erosion from preferential access into … the EU to non-LDCs is taken into account, LDCs have about a 3% preferential margin in the EU market. In the US market, in …” for tariff cuts, effective market access for LDCs in the EU will be negligible and still negative in the US. If the US …