Liberalizing the Swiss Meat Market with the EU: Welfare Effects and Impacts on Third Countries

Abstract

This article analyzes the welfare effects of multilateral versus bilateral trade liberalization between Switzerland and the EU in the meat sector. A multi-market multi-region partial equilibrium model is used. The removal of tariffs and tariff rate quotas between Switzerland and the EU results in noticeable net welfare gains for Switzerland. The impacts on the EU and on the rest of the world are minimal. However, multilateral trade liberalization is still first best.