publication . Article . Other literature type . 2000

OPENING GLOBAL MARKETS FOR AGRICULTURE: THE NEXT WTO ROUND

Sumner, Daniel A.; Sumner, Daniel A.;
Open Access
  • Published: 01 Jan 2000
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, de...
Subjects
free text keywords: agricultural policy, agricultural trade, commodity trade, tariff-rate quotas, tariffs, trade negotiations, WTO, Agricultural and Food Policy, International Relations/Trade,, Agricultural and Food Policy, International Relations/Trade, agricultural policy, agricultural trade, commodity trade, tariff-rate quotas, tariffs, trade negotiations, WTO
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publication . Article . Other literature type . 2000

OPENING GLOBAL MARKETS FOR AGRICULTURE: THE NEXT WTO ROUND

Sumner, Daniel A.; Sumner, Daniel A.;