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Abstract
In May 2003, the United States, Canada and
Argentina launched a World Trade Organization (WTO) case
against the European Union concerning its authorization
regime for biotech products. In November 2006, the WTO
condemned this regime. Using a gravity equation, we estimate
the reduction of exports from the complainants to the
European Union for potentially affected products. Our results
suggest that the European moratorium and product-specific
measures have a negative effect on trade, as well as safeguard
measures adopted by Germany, Italy and Greece.