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Potential Benefits From Agreements
Restrictive Commodity Agreements in Practice
The Economics and Politics
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Agreements in Practice analysis Bauxite benefits Buffer Stock Arrangements buffer stock management buyers and sellers buying countries cartel case-by-case approach Cocoa Agreement Coffee Agreement commodity markets Commodity Policy commodity prices common fund compensatory financing consumer price indices consuming countries copper demand varies discount economic and political economic provisions effect entry estimates export earnings export quotas future contracting futures market gains to producers Group of 77 Gustavson higher prices important income industrialized Integrated Program International Commodity Agreements investment Jute LDCs lnternational long-run Long-run average cost MacAvoy MacAvoy-McNicol memorandum 1976 maximum capital costs ments metals million nations OPEC organization percent price increases price level price stabilization price variation problems producing countries production controls profit raise prices restrictive agreements restrictive commodity agreements revenue rubber sisal Stevenson plan substantial successful suppliers Table target price Tin Agreement trade U.S. Treasury Department UNCTAD United University of Arizona wheat wheat and rice wool