Opening Global Markets For Agriculture: The Next Wto Round
AbstractMore open international markets benefit the economy as a whole, as well as most U.S. agricultural producers. The Uruguay Round Agreement laid out a useful framework. Specifically addressed here is why the key to further liberalizing agricultural trade is reduction of tariffs as comprehensively and rapidly as politics will allow. Other issues such as export subsidies, tariff-rate quota quantities, and developing-country relationships are also important, especially while tariffs are coming down. Internal support rules have much less potential to liberalize trade. Finally, as the December 1999 World Trade Organization ministerial meeting in Seattle demonstrated, delay in the negotiation process threatens liberalization.
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Bibliographic InfoArticle provided by Agricultural Economics Association of Georgia in its journal Journal of Agribusiness.
Volume (Year): 18 (2000)
Issue (Month): 1 (March)
agricultural policy; agricultural trade; commodity trade; tariff-rate quotas; tariffs; trade negotiations; WTO; Agricultural and Food Policy; International Relations/Trade;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Daniel A. Sumner & Frank H. Buck & Hyunok Lee, 2000. "Assessing the Effects of the WTO Agreement on Rice Markets: What can We Learn from the First Five Years?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(3), pages 709-717.
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- Tangermann, Stefan & Honma, Masayoshi & Josling, Timothy E. & Lee, Jaeok & MacLaren, Donald & McClatchy, Don & Miner, William M. & Pursell, Garry & Sumner, Daniel A. & Valdes, Alberto, 1997. "Implementation Of The Uruguay Round Agreement On Agriculture And Issues For The Next Round Of Agricultural Negotiations," Commissioned Papers 14618, International Agricultural Trade Research Consortium.
- Ackerman, Karen Z. & Dixit, Praveen M., 1999. "An Introduction To State Trading In Agriculture," Agricultural Economics Reports 33909, United States Department of Agriculture, Economic Research Service.
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