After several years of informal and formal negotiations, South Korea and the United States reached an agreement to move towards free trade in April 2007. Currently, both countries await congressional approval before the agreement can be implemented. This study explains the substance of the...

Abstract A framework for reconciling data in U.S. notifications of domestic support to the World Trade Organization (WTO) with data from numerous U.S. sources is presented. The framework also allows projections of possible data in the future U.S. notifications. A country’s calculation of the...

This study uses a stochastic simulation approach based on a partial equilibrium structural econometric model of the world fiber market to examine the effects of a removal of U.S. cotton programs on the world market. The effects on world cotton prices and African export earnings were analyzed....