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Food safety regulations limit trade in bioproducts. Every country, however, has a duty to protect its citizens from food safety hazards. If risks are increasing under an existing food safety system then a strengthening of the regulatory regime can be justified, with the inevitable negative...
Persistent link: https://www.econbiz.de/10010909665
Trade in genetically modified (GM) products remains a major issue in agricultural trade policy. In particular, the European Union has sought to deny market access to GM-products. In the wake of a WTO case brought by Canada and the US, among others, against an import ban imposed on genetically...
Persistent link: https://www.econbiz.de/10009351566
The regulatory regime for contamination permits the imposition of import bans with neither a scientific justification nor a risk assessment. No scientific assessment of Triffid flax was done prior to the import ban. The import regime put in place to deal with the contamination of flax with the...
Persistent link: https://www.econbiz.de/10009351567
The Food Safety Modernization Act (FSMA) which was signed into law in January, 2011 represents a major initiative to improve food safety in the US. The legislation mandates the US Food and Drug Administration with developing a regulatory system to implement the Act. As yet, the full effect of...
Persistent link: https://www.econbiz.de/10009351568
Canada and Mexico are formally challenging US country of origin (COOL) legislation at the World Trade Organization. The industries most affected by COOL are beef and pork. The effect of COOL on North American cross border supply chains is outlined. The areas of international trade law upon which...
Persistent link: https://www.econbiz.de/10008693729
Over the years, critics have argued that futures market prices have been either too low or too high. Speculators have often been the target for the wrath of those feeling the futures price does not properly reflect market fundamentals. Recently, the criticism has been vented toward a new type of...
Persistent link: https://www.econbiz.de/10008693730
In a meta-analysis of trade policy models, Hess and von Cramon-Taubadel (2008) use over 5800 simulated welfare effects from 110 studies of potential Doha Development Agenda outcomes to identify characteristics of models, data and policy experiments that influence simulation results. This...
Persistent link: https://www.econbiz.de/10005804971
International trade in wheat accounts for approximately one third of world grain trade and is expected to double by 2050.The KRU (Kazakhstan, Russia and Ukraine) countries account for approximately a quarter of world wheat exports and are collectively considered one of the key wheat exporting...
Persistent link: https://www.econbiz.de/10011068450
In 2008 the Canadian government passed amendments to the Environmental Protection Act requiring five percent ethanol in transportation fuels sold in Canada by 2010 and two percent renewable content in diesel and heating fuels by 2012. Agricultural commodity and other groups have lobbied for...
Persistent link: https://www.econbiz.de/10008491788
Following the Uruguay Round of trade negotiations Canada replaced its import quotas on sensitive products with tariff rate quotas. The over-quota tariffs on those products operating under domestic supply management schemes (dairy and poultry products) ranged from a low of 155 percent on turkey...
Persistent link: https://www.econbiz.de/10005060378