Agriculture and the GATT: rewriting the rules
This text concerns the new GATT round of multilateral trade negotiations. It analyzes the nature and extent of the farm-trade problem, identifies the fundamental issues that must be addressed in the negotiations, and examines the interests of the major parties involved. Also contained are a series of practical policy recommendations for responding to the current crisis.
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Macroeconomic Changes Bring New Trade Patterns page
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agricultural commodities agricultural policies agricultural products agricultural programs agricultural subsidies agricultural trade approach Argentina Australia Brazil Canada changes China coarse grains commodity prices consumers consumption costs cotton dairy products declined deficiency payments developing countries distortions dollars domestic agricultural domestic prices domestic production Eastern Europe economic export subsidies farm prices feed figures are preliminary France freeze import barriers import controls import quotas include intra-EC trade income transfers increased India industrial market economies issue Japan Japanese levels of protection major market share meat metric tons milk million tons number of countries OECD oilseed output Pakistan political poultry price support production and trade production controls rapeseed real price reduce relatively rice Source South Korea Soybeans stocks subsidy programs sugar surplus tariffs Thailand thousand metric tons trade effects trade negotiations United USSR variable levies vegetable oils wheat wheat and coarse world agricultural world market prices world prices world trade