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The report characterizes trade and market access conditions between Colombia and the United States, explains the types of quantitative methods generally used in quantifying trade liberalization schemes, provides empirical estimates of the trade relationship in the model at the detailed product and industry level, presents the results of the model simulations under different trade liberalization strategies, and examines production shifts likely to take place in export-oriented and import-substituting industries, and measures changes in output and employment. USAID/Colombia. April 2004