VETERINARY STANDARDS AS BARRIERS TO TRADE: THE CASE OF POULTRY TRADE BETWEEN THE U.S. AND THE EU

The EU banned U.S. poultry meat imports because it considers U.S. veterinary regulations unsatisfactory. We develop a model of the EU and world poultry markets. We find that the import ban causes a 2.44% increase and a 0.44% decrease in the EU and world price respectively.