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International Trade Law

CARD Briefing Papers

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Full-Text Articles in International Economics

Implications Of The Wto On The Redesign Of U.S. Farm Policy, Chad E. Hart, Bruce A. Babcock May 2001

Implications Of The Wto On The Redesign Of U.S. Farm Policy, Chad E. Hart, Bruce A. Babcock

CARD Briefing Papers

The WTO commitments made by the United States are often cited as being an important constraint on the design of future U.S. farm programs. Many, however, are confused about the U.S. commitments and their future importance. In this paper, the authors attempt to fill this gap in understanding by providing a detailed explanation of the WTO agreement and estimates of whether the United States has fully complied with its WTO commitments in recent years. In addition, the authors project the degree of compliance through the 2002 marketing year and examine new alternative program proposals to determine how they ...


China's Role In World Livestock And Feed-Grain Markets, Dermot J. Hayes Apr 1998

China's Role In World Livestock And Feed-Grain Markets, Dermot J. Hayes

CARD Briefing Papers

Within the next 20 years, China will be transformed from a country unable to meet the basic food needs of its people to one that should be able to provide meat, poultry, dairy products, and even alcohol to a majority of consumers. To achieve this growth, China will need to change many of the food and trade policies that are currently in place. If such change occurs, the United States will experience a large and sustained growth in agricultural exports, and U.S. farmers should temporarily benefit from strong prices. This paper describes the type of policy changes for China ...


Implications Of The Gatt Agreement For Iowa, John Kruse May 1993

Implications Of The Gatt Agreement For Iowa, John Kruse

CARD Briefing Papers

What is the General Agreement on Tariffs and Trade (GATT)? The GATT may be best described as an ongoing process through which trade distortions among countries are defined and targeted for reduction. There have been seven previous GATT agreements over the years. The most recent GATT agreement represents the eighth round of trade negotiations and is often called the Uruguay Round in reference to Punta del Este, Uruguay, where the agenda was set in 1986. The Uruguay Round of trade negotiations was the first to focus directly on trade distortions in agriculture. Agricultural trade distortions were chosen primarily because of ...