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Impact of the Trans-Atlantic Trade and Investment Partnership upon U.S. Beef Exports

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  • Christopher Daniel Watson

Abstract

With the on-going negotiation of the Trans-Atlantic Trade and Investment Partnership (TTIP) between the United States (US) and the European Union (EU), there are many issues in which both governments are having difficulty in reaching adequate and fruitful compromise. In regards to market access, specifically involving EU imports of US Non-Hormone Treated Cattle (NHTC) beef, the EU has not yet committed to the specifics for this particular issue. This paper presents a potential TTIP proposal with respect to EU imports of US beef. Basing the framework of the primary policy initiative off a similar concession that was granted to Canada by the EU in the Canada – European Union: Comprehensive Trade and Economic Agreement (CETA). This policy proposal will be demonstrated and illustrated utilizing economic, quantitative, and qualitative analysis.

Suggested Citation

  • Christopher Daniel Watson, 2017. "Impact of the Trans-Atlantic Trade and Investment Partnership upon U.S. Beef Exports," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 3(2), pages 48-54, June.
    • Handle: RePEc:khe:scajes:v:3:y:2017:i:2:p:48-54
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    More about this item

    Keywords

    Harmonized Tariff Schedule (HTS); market access; price elasticity; quota rents; Tariff-Rate Quota (TRQ);
    All these keywords.

    JEL classification:

    • D92 - Microeconomics - - Micro-Based Behavioral Economics - - - Intertemporal Firm Choice, Investment, Capacity, and Financing
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

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