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Nowadays, trade negotiations afford both liberalism- and protectionism-oriented policies. Indeed, in recent decades, the developed countries have been actively engaged in negotiating many preferential agreements to integrate developing countries (DCs) into world trade and encourage their...
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The application of product regulations and standards is becoming increasingly contentious as an implicit nontariff barrier to trade. This overview of the policy debate and methodological issues surrounding product standards and technical barriers to trade proposes concrete steps to move forward...
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In the United States, over 70% of milk production is priced under Federal Milk Marketing Orders (FMMOs). A primary … purpose of FMMOs is to facilitate orderly allocation of milk as a limited, perishable resource among alternative uses …. Fundamental to FMMOs are the regulatory prices applicable to milk used in cheese and whey (Class III), and nonfat dry milk and …
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