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Sugar is a major commodity, produced and traded around the world, but it is no longer the only sweetener. For example, in the United States, roughly 50 percent of the sweetener market is made up of high fructose corn syrup (HFCS), which is also making inroads into Mexico. This is not the case,...
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This document is the technical annex to the full paper “The Complexities of the Interface between Agricultural Policy and Trade†which is available separately.
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Tariff and non-tariff barriers are widespread as applied to agricultural trade. The theory of gains from trade considers the impacts of free trade relative to no trade and to non-tariff barriers, while the theory of agricultural policy generally places little weight on the international trading...
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Since the WTO's inception in 1995, the number of cases it has dealt with has exceeded the number of disputes under the GATT. This suggests that Members have found the WTO dispute settlement system a useful means to pursue their interests. In this paper, we analyze an ongoing WTO dispute to...
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This paper considers how the welfare of U.S. sugar producers can be affected by the use of production controls in the presence of rising sugar imports and falling sugar prices, taking into account the negative externalities associated with U.S. sugar production. Even if production controls are...
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