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What will be the impact of the Transatlantic Trade and Investment Partnership (TTIP) on the Dutch agricultural sector?

Groot, L. de (2014) What will be the impact of the Transatlantic Trade and Investment Partnership (TTIP) on the Dutch agricultural sector?

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Abstract:The current negotiations of the TTIP treaty could bring welfare benefits to the European Union, the creation of a free trade area in which tariffs and other barriers are removed is a positive development for transatlantic trade. The Dutch agricultural sector is analyzed and the effects are estimated by looking at the effects the Single Market has had on the production volume. Across the chosen sectors the production volume rose, pointing in the direction of direct influence of European economic integration and policy on production volume. As the treaty searches to remove barriers in trade between the nations, there will be a change in the legal framework. One aspect of the treaty is to remove all tariffs, as on some specific products there are high import tariffs. But the main focus of the TTIP lies on removal the non-tariff barriers, many of which are of administrative nature. By removing these bureaucratic barriers, both time and money can be saved. As the US currently has the competitive advantage due to it will be interesting to see what the TTIP will do to this competitive advantage and what the new equilibrium between the EU and the US will be.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:83 economics, 88 social and public administration
Programme:Management Society and Technology BSc (56654)
Link to this item:https://purl.utwente.nl/essays/65833
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