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for the United States but also with reference to the wider world. We establish the outlines of international integration a … century ago and analyze the institutional and informational impediments that prevented the late nineteenth century world from … achieving the same degree of integration as today. We conclude that the world today is different: commercial and financial …
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"Despite recent reforms, world agricultural markets remain highly distorted by government policies. Traditional … sector policies are generated without a formal model of global markets or even price elasticity estimates. "--World Bank web …
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Trade negotiators and policy advisors are keen to know the relative contribution of different farm policy instruments to international trade and economic welfare. Nominal rates of assistance or producer support estimates are incomplete indicators, especially when (especially in developing...
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-the opposite of what is usually thought of when considering inter-sector trade retaliation. Phasing down World Trade Organization … import restrictions when international prices slump. To date there is no parallel discipline in the World Trade Organization … that limits increases in export restrictions when prices spike upward, however. Bringing such discipline through new World …
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