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Is The Uruguay Round Dead?

Author

Listed:
  • Drazek, Paul
  • Paggi, Mechel S.

Abstract

Much uncertainty surrounds the Uruguay Round of Trade negotiations, especially with respect to agriculture. Negotiations are continuing. However, the outcomes are far from certain. Failure of this round of trade negotiations would not mean an end to GATT. Importantly, the existing environment for agricultural trade would not be immediately changed. Longer term effects are unclear. The biggest loss for U.S. agriculture would be the failure to realize the economic growth in developing countries that a successful Uruguay Round would stimulate and increasing market opportunities that would result from reductions in trade distorting subsidies and import barriers of developed countries.

Suggested Citation

  • Drazek, Paul & Paggi, Mechel S., 1991. "Is The Uruguay Round Dead?," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 6(2), pages 1-2.
    • Handle: RePEc:ags:aaeach:131645
    DOI: 10.22004/ag.econ.131645
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    Cited by:

    1. Ames, Glenn C.W., 1992. "The Political Economy Of Agricultural Trade Negotiations On The Uruguay Round Of Mtn: Can The U.S. And European Community Reach An Acceptable Compromise In The Gatt?," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 24(2), pages 1-10, December.

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