Dr. Alan Barrett:

One of the tricky things about straight statistics is it is complicated making sure they add up over a range of places. Senator Dooley pitched it quite sensibly in the sense this can only be positive from an economic point of view. Some could argue what was happening previously was the most efficient and good way of running things. Then one has this artificial barrier placed in trade in order that one could have a distortion. Some would argue it is sub-optimal in some shape or form, because, it is only arising from these. We need to see over time precisely how it works out.