Many countries adjust their trade policies countercyclically with food prices, to the extent that the use by numerous food exporters of export restrictions has occasionally threatened the food security of food importing countries. These trade policies are inconsistent with the terms-of-trade...

Multilateral trade liberalization has made little progress over the last period, but preferential agreements have multiplied. Recent economic literature helps to understand the current negotiation game. New economic and political conditions, in particular the gaining influence of emerging...

The formula approach used in many trade negotiations involves large formula cuts in high tariffs, with flexibilities that allow smaller cuts for selected products. Difficulties in evaluating the effects of these exceptions can create major problems. We use a politicaleconomy welfare function and...