PROSPECTS OF FREE TRADE DEEPING BETWEEN UKRAINE AND EUROPEAN UNION FOR AGRICULTURAL MARKETS

A. Dibrova, O. Odosii

Abstract


This paper investigates bilateral trade between Ukraine and the European Union in agricultural goods. The possible scenarios of agro-food market development in terms of a free trade area creation (FTA) between Ukraine and the European Union (EU) were analysed, using a general equilibrium model. This pepper also evaluates a possible influence of trade liberalisationin terms of a free trade area creation (FTA) between Ukraine and the European Union (EU) on the main branches of the economy. Changes in production indexes, welfare, costs of production factors for the main commodities were estimated. The suggestions for choosing the optimal format of an FTA between Ukraine and the EU in order to minimize adverse effects on the agro-food sector in the Ukraine and to increase its export potential have been developed.

Full Text:

PDF

Refbacks

  • There are currently no refbacks.


© 2011 International Scientific Electronic Journal Earth Bioresources and Quality of Life. All rights reserved