Impacts of agricultural and nonagricultural trade liberalization on agriculture are assessed in a multi-commodity, multi-country framework. By modeling simultaneously all goods sectors of the economy, we evaluate the importance of: (a) relative price changes between sectors, and (b) income and...

Latin American countries are important customers in international agricultural trade. However, between 1981 and 1987, U.S. agricultural exports to these countries declined by almost 50%. One explanation for the above decrease is the change in financial conditions facing many countries in this...

This article exammes the changes in grain exports from 1973 to 1985 A stmpltfied three-country trade model is introduced as a framework for analyzing U S gram trade, world gram trade, and market price when changes in two real effective exchange rates occur an exchange rate based on US trade with...