World trade in food grains (wheat, rice, and wheat flour) more than doubled from 1962 to 1983, while the number of countries participating in world trade increased 85 percent. Food grain consumption has increased faster than production in most countries so more countries entered world trade for...

Agricultural trade barriers and producer subsidies inflict real costs, both on the countries that use these policies and on their trade partners. Trade barriers lower demand for trade partners' products, domestic subsidies can induce an oversupply of agricultural products which depresses world...

Nonreciprocal trade preference programs originated in the 1970s under the Generalized System of Preferences (GSP) as an effort by high-income developed countries to provide tariff concessions for low-income countries. The goal of the programs was to increase export earnings, promote...