@article{Vanzetti:124469,
      recid = {124469},
      author = {Vanzetti, David and Peters, Ralf},
      title = {Nothing to Declare: Duty-free access to imports from LDCs},
      address = {2012-02},
      number = {423-2016-27035},
      pages = {20},
      year = {2012},
      abstract = {Developed countries have agreed to provide duty free and  quota free access to imports from LDCs covered by 97 per  cent of tariff lines. However, LDCs would like to extend  the agreement to 100 per cent coverage, since 3 per cent of  tariff lines can cover a substantial proportion of LDC  exports. Products of major interest include textiles and  clothing and agricultural goods such as rice, oilseeds,  sugar and bananas. The potential trade and welfare impacts  of expanding the coverage are analysed using a global  general equilibrium model. Updated estimates indicate LDCs  stand to gain $4.2 billion in additional exports, the bulk  of which accrues to Bangladesh, Cambodia and West Africa. A  further $1.8 billion increase in exports could be obtained  if LDCs had duty free access to the markets of China,  India, Brazil and South Africa. However, non-LDC developing  countries are likely to become worse off as a result of  extension of preferences to LDCs.},
      url = {http://ageconsearch.umn.edu/record/124469},
      doi = {https://doi.org/10.22004/ag.econ.124469},
}