This report provides summaries of the papers and discussions at the third Consortium on Trade Research held in Washington, D.C., June 23-24, 1981. The cochairmen of the consortium were T. Kelley White, Economic Research Service (ERS), George E. Rossmiller, Foreign Agricultural Service (FAS), and...

Membership in the European Community (EC) for Greece, Spain, and Portugal may reduce trade between the United States and the EC in selected commodities; prospects for a North American Common Market are not bright; and the diversion of agricultural crops from export to fuel alcohol production...

When modeling discriminatory trade policies -- such as targeted embargoes, selective quotas, targeted export or import subsidies, or preferential trading agreements -- failure to explicitly include assumptions about arbitraging behavior may yield to misleading results. Quadratic programming...