This paper assesses the determinants of differential gains from trade policy reform across countries. The theoretical model shows that asymmetrical features of the world economy, including: the relative size of the differentiated products sector in each country, the dominance of domestic markets...

Until the Uruguay Round, agricultural trade policies were subject to few multilateral disciplines. In this situation, the interplay of special-interest lobbying pressures resulted in this sector becoming heavily distorted. One of the great achievements of the Uruguay Round of trade negotiations...