If it later turns out that the international market price attains a higher level than expected, then the “satisfactory” domestic price can be achieved with a lower tariff. From that perspective, if the level of world market prices for agricultural commodities turns out to be around 30% higher than originally expected, then ad valorem (equivalents of) tariffs could be reduced by around 30 percentage points without threatening the attainment of “satisfactory” prices on domestic markets. On that basis, it could be argued that the now higher level of international prices should reduce the perceived “need” for tariff protection - and hence facilitate agreement on the tariff cuts considered in 2008.