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...

Debt problems of developing countries seriously constrain their economic and social development as well as the prospects and pace of economic recovery in the developed countries. Debt and trade problems of Mexico are particularly important for the U.S. agricultural economy because of the size...