The proposed Uruguay Round reductions in most- favored- nation tariffs will cause some African exports to be displaced by other suppliers. Aggressive reform of the African countries' own trade regimes appears to be the most effective way to counter the effects of the erosion of OECD preferences.
The proposed Uruguay Round reductions in most- favored- nation tariffs will cause some African exports to be displaced by other suppliers. Aggressive reform of the African countries' own trade regimes appears to be the most effective way to counter the effects of the erosion of OECD preferences.