Strategy for the Liberalisation of Agricultural Trade
Because farm-support policies have existed for so long, and exert such a major influence in the economies where they operate, as reviewed in the previous chapter, it is difficult if not impossible to isolate their effects on the production of, and trade in, temperate-zone agricultural commodities. To discuss in detail the pattern and volume of production and trade in the absence of farm-support policies would be to enter the realm of speculation. Even so, the position can be discussed in general terms with a fair degree of confidence, complicated as it is from time to time by periods of glut (as in the late 1960s) and shortage (as in the mid-1970s). Any assessment of the impact of farm-support policies depends to some extent, as discussed in Chapter 1, on the view taken of future trends in agricultural supplies and prices, but the situation in the second half of the 1960s might be taken as a frame of reference.
KeywordsTrade Liberalisation Common Agricultural Policy Trade Negotiation Agricultural Trade Export Control
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Notes and References
- 2.The problems of measuring protection, and of developing a methodological approach for analysing farm-support policies, are presented in Agricultural Protection: Domestic Policy and International Trade, International Agricultural Adjustment Study No. 9, Doc. C/73/LIM/9 (Rome: Food and Agriculture Organization, 1973), pp. 23–9.Google Scholar
- For a theoretical discussion of protection, see W. M. Corden, The Theory of Protection (Oxford: Clarendon Press, 1971).Google Scholar
- 8.Assistant to the President for International Economic Affairs, Agricultural Trade and the Proposed Round of Multilateral Negotiations, Flanigan Report (Washington: US Government Printing Office, for the Committee on Agriculture, Congress of the United States, 1973).Google Scholar
- 10.See J. S. Hillman, ‘Negotiations on Trade-disruptive Measures’, in Wilhelm Henrichsmeyer et aL, Trade Negotiations and World Food Problems (London: Trade Policy Research Centre, 1974).Google Scholar
- 11.In this connection, see C. Fred Bergsten, Completing the GATT: Toward New International Rules to Govern Export Controls (London, Washington and Montreal: British-North American Committee, 1974).Google Scholar
- 12.See, for instance, Edward F. Fried et al., Toward the Integration of World Agriculture: a Tripartite Report by Fourteen Experts from North America, the European Community and Japan (Washington: Brookings Institution, 1973), pp. 20–7.Google Scholar