Chance Governs All: The Fragmented, Frustating State Of Agricultural Trade Policy In The United States
The U.S. agricultural policy process is marked by a proliferation of organized interests and rising transaction costs. These pose a barrier for countries negotiating with the United States on trade issues. This paper examines the causes of this proliferation of interests, the impact of this proliferation on trade policy decisions, and the consequences of these escalating transaction costs for countries negotiating with the United States. The results suggest that other countries must anticipate that the U.S. position in trade negotiations will be the result of an accommodation of conflicting interests and that any agreement will pass Congress only if it contains gains for U.S. export industries.
|Date of creation:||2000|
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- David Orden, 1996.
"Agricultural Interest Groups and the North American Free Trade Agreement,"
NBER Chapters,in: The Political Economy of American Trade Policy, pages 335-384
National Bureau of Economic Research, Inc.
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- Paul R. Krugman, 1991. "The move toward free trade zones," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 7-58.
- Paul R. Krugman, 1991. "The move toward free trade zones," Economic Review, Federal Reserve Bank of Kansas City, issue Nov, pages 5-25.
- Anne Krueger, 1995. "American Trade Policy: A Tragedy in the Making," Books, American Enterprise Institute, number 53526.
- Charles K. Rowley & Willem Thorbecke & Richard E. Wagner, 1995. "Trade Protection In The United States," Books, Edward Elgar Publishing, number 388. Full references (including those not matched with items on IDEAS)
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