We develop a three region - U.S., Mexico, and Rest-of-World - simulation model to analyze the effects on the agricultural sector of a potential preferential trading arrangement (PTA) between Mexico and the United States. The simulation exercises indicate that two-way agricultural trade increases...

This study investigates the relationship between indicators of macroeconomic performance and real exchange rate (RER) misalignment and instability in Sub-Saharan Africa (SSA). Three measures of RER misalignment are used. There is ample evidence that countries which have pursued more predictable...

The impacts of reducing both agricultural and nonagricultural protection on the agricultural sector are assessed with emphasis placed on Argentina, Brazil, and Mexico. By modeling simultaneously all goods sectors of the economy in a multi-country framework, we evaluate the importance of (1) the...

The paper develops a procedure for decomposing changes in agricultural price gaps, defined as the difference between a commodity's domestic producer and border prices. Two decomposition approaches are presented, depending on whether policy allows transmission from changes in trade prices and...

The United States, Canada and the Cairns Group proposed disciplines on distorting domestic support in agriculture at the WTO Committee on Agriculture in July and September 2002. This paper assesses the key features of the 2002 proposals: green box provisions, blue box provisions, de minimis...

The purpose of this paper is to discuss how consumers in Canada, like those in the United States and Europe, have changed over the last ten years and the impact this is having on how agricultural commodities are being produced, transformed, distributed and traded. It will also be important to...

In recent years increased emphasis has been placed on a range of "non-trade" concerns and their implications for the move towards freer trade. We review the basis of several of these concerns, focusing particularly on multifunctionality. The simple view of a fixed proportions relationship...