After several years of often fraught negotiations, and at the eleventh hour, in December 2007 the EU and the Cariforum group of countries finally initialled a full Economic Partnership Agreement. In addition to the provisions on goods trade, the agreement has provisions on trade in services and on development cooperation. The study analyses the trade and welfare implications of the EPA using a multi-region computable general equilibrium model as well as a single-region general equilibrium model of Jamaica.
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