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Uraguay Round Impacts on Canada

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Author Info

  • Perroni, C.
  • Wigle, R.M.
  • Nguyen, T.T.

Abstract

The Uruguay Round was the most ambitious round of GATT negotiations ever undertaken. This paper offers an evaluation of possible effects of the Final Act of the Uruguay Round with a special focus on Canada. Our two main findings can be summarized as follows: (1)First, the estimated impacts of the Uruguay Round are more modest than previous estimates. This is due to a number of differences between the Final Act of the round and the outcome which had earlier been expected in studies using liberalisation scenarios based on the Draft Final Act (or Dunkel Draft). (2)Our second finding pertains to the liberalisation in textiles and clothing which may be the most significant part of the Uruguay Round in terms of its reallocative impact in Canada. Output, employment and exports of textiles and clothing are likely to fall, and in turn cause factors to shift to other sectors.

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Bibliographic Info

Paper provided by Wilfrid Laurier University, Department of Economics in its series Working Papers with number 96004.

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Length: 17 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:wlu:wpaper:96004

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Fax: (519) 884-0201
Web page: http://www.wlu.ca/sbe/economics/
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Keywords: INTERNATIONAL TRADE ; EVALUATION;

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References

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  1. Trien T. Nguyen & Carlo Perroni & Randall M. Wigle, 1991. "The Value of a Uruguay Round Success," The World Economy, Wiley Blackwell, vol. 14(4), pages 359-374, December.
  2. Nguyen, T.T. & Perroni, C. & Wigle, R.M., 1991. "The Value of a Uruguay Round Success," Working Papers 91151, Wilfrid Laurier University, Department of Economics.
  3. Shoven,John B. & Whalley,John, 1992. "Applying General Equilibrium," Cambridge Books, Cambridge University Press, number 9780521319867, October.
  4. Markusen, James R & Wigle, Randall M, 1990. "Explaining the Volume of North-South Trade," Economic Journal, Royal Economic Society, vol. 100(403), pages 1206-15, December.
  5. Trela, Irene & Whalley, John, 1990. "Global Effects of Developed Country Trade Restrictions on Textiles and Apparel," Economic Journal, Royal Economic Society, vol. 100(403), pages 1190-1205, December.
  6. Petersen, Christian E, 1992. "Trade Conflict and Resolution Methodologies," American Economic Review, American Economic Association, vol. 82(2), pages 62-66, May.
  7. Nguyen, T.T & Wigle, R.M., 1988. "Trade Liberalization With Imperfect Competition: The Large And Small Of It," Working Papers 89128, Wilfrid Laurier University, Department of Economics.
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