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Trade Liberalization in World Farm Markets

Author

Listed:
  • Ballenger, Nicole
  • Dunmore, John
  • Lederer, Thomas

Abstract

Excerpts from the report: The playing field in world agricultural trade is uneven. Some countries subsidize their imports; others subsidize their exports. Some tax imports; others tax exports. Most nations try to help their farmers through domestic farm programs. All these influences converge to distort the price signals that would otherwise govern supply and demand in a freer trade environment. The resulting hodgepodge has disadvantaged many producers in the United States and other countries, even though their farm products are among the least expensive to produce. We highlight the extent of such government intervention in agricultural products for 12 countries (including the United States) and the European Community. This report gives a perspective on the issues and conditions that the United States and the other 91 members of the General Agreement on Tariffs and Trade (GATT) confront in spring 1987 as they negotiate a reduction in intervention in international markets.

Suggested Citation

  • Ballenger, Nicole & Dunmore, John & Lederer, Thomas, 1987. "Trade Liberalization in World Farm Markets," Agricultural Information Bulletins 309374, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersab:309374
    DOI: 10.22004/ag.econ.309374
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    File URL: https://ageconsearch.umn.edu/record/309374/files/aib516.pdf
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    Cited by:

    1. Bishop, Robert V. & Christensen, Lee A. & Mercier, Stephanie & Witucki, Larry, 1990. "The World Poultry Market--Government Intervention and Multilateral Policy Reform," Staff Reports 278281, United States Department of Agriculture, Economic Research Service.

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