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Opening Global Markets For Agriculture: The Next Wto Round

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  • Sumner, Daniel A.

Abstract

More 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.

Suggested Citation

  • Sumner, Daniel A., 2000. "Opening Global Markets For Agriculture: The Next Wto Round," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 18(01), pages 1-12, March.
    • Handle: RePEc:ags:jloagb:14709
    DOI: 10.22004/ag.econ.14709
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    References listed on IDEAS

    as
    1. Sharma, Ramesh & Konandreas, Panos & Greenfield, Jim, 1996. "An overview of assessments of the impact of the Uruguay Round on agricultural prices and incomes," Food Policy, Elsevier, vol. 21(4-5), pages 351-363.
    2. Josling, Timothy E. & Honma, Masayoshi & Lee, Jaeok & MacLaren, Donald & Miner, William M. & Sumner, Daniel A. & Tangermann, Stefan & Valdes, Alberto, 1994. "The Uruguay Round Agreement On Agriculture: An Evaluation," Commissioned Papers 14621, International Agricultural Trade Research Consortium.
    3. Richard Gray, 1997. "Third-Country Effects and Second-Best Grain Trade Policies: Export Subsidies and Bilateral Liberalization," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(4), pages 1300-1310.
    4. 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.
    5. Ackerman, Karen Z. & Dixit, Praveen M., 1999. "An Introduction To State Trading In Agriculture," Agricultural Economic Reports 33909, United States Department of Agriculture, Economic Research Service.
    6. Sumner, Daniel A. & Hallstrom, Daniel G., 1997. "Commodity Policy Compatibility With Free Trade Agreements," Proceedings of the 3rd Agricultural and Food Policy Systems Information Workshop, 1997: Harmonization\Convergence\Compatibility in Agriculture and Agri-Food Policy: Canada, United States and Mexico 16914, Farm Foundation, Agricultural and Food Policy Systems Information Workshops.
    7. Ackerman, Karen Z. & Smith, Mark & Suarez, Nydia R., 1995. "Agricultural Export Programs: Background for 1995 Farm Legislation," Agricultural Economic Reports 262013, United States Department of Agriculture, Economic Research Service.
    8. 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.
    9. Daniel A. Sumner, 1995. "Agricultural Trade Policy: Letting Markets Work," Books, American Enterprise Institute, number 53513, September.
    Full references (including those not matched with items on IDEAS)

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