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Valuing the impact of the World Trade Organization

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Valuing the impact of the World Trade Organization

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This report presents the estimates of World Trade Organization (WTO) effects on trade costs, and then offers general equilibrium analysis of the effects on exports and welfare.

Details

The Department for International Trade (DIT) commissioned International Economic Consulting to deliver evidence on:

  • the estimated impact of WTO membership on aggregate trade (percent change) across the agriculture, mining, manufacture, and services sectors by country
  • the estimated impact of WTO membership on aggregate exports and economic welfare gains (percent change) by country

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