Negotiations for Freer Trade in Agricultural Products

  • D. Gale Johnson
Part of the World Economic Issues book series (WEI)


It is highly unlikely that any of the industrial countries will unilaterally reduce the protection provided to agriculture, at least not by more than a moderate degree. And this is understandable. The present pattern of international trade in agricultural products can be called chaotic without serious exaggeration. Import levies or tariffs of 50 per cent and more are quite common; in fact, a significant fraction of the world’s imports of agricultural products somehow pass over barriers of this magnitude. Nor are export subsidies of similar or greater relative magnitude unknown. In fact the experience of recent decades has indicated that there is no degree of nominal protection of an agricultural product that can be called unimaginable.1


Freer Trade Trade Liberalization Agricultural Policy Effective Protection Export Subsidy 
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Notes and References

  1. 3.
    Cornelius Walford, ‘The Famines of the World: Past and Present’, Part II, Journal of the Royal Statistical Society, London, March 1879, pp. 137–38.Google Scholar
  2. 4.
    Adam Smith, The Wealth of Nations (New York: Modern Library Edition, 1937), pp. 507 and 510.Google Scholar

Copyright information

© D. Gale Johnson 1973

Authors and Affiliations

  • D. Gale Johnson
    • 1
  1. 1.University of ChicagoUSA

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