The United States and the European Union (EU) have embarked on ambitious negotiations to create a comprehensive free trade agreement known as the Transatlantic Trade and Investment Partnership (TTIP). Agricultural markets receive relatively high levels of support and protection in both regions,...

The subject of the relationship between state budget and trade balance is important as economic subject, not only at the level of developing countries, but also at of advanced ones, too. Such importance emerged clearly when 1980s witnessed in United States of America a deficit in both state...

The purpose of this paper is to assess the impacts of further trade liberalisation on the agricultural sector in Ireland. In addition to evaluating the aggregate impacts on agricultural production as well as the spill-over effect of this on the non-agricultural sector and for overall Irish GDP,...

A standard, multiregion general equilibrium (GE) model is developed and contrasted with typical partial equilibrium (PE) models of agricultural trade for two trade policy reform experiments. In the case of reforms affecting both food and nonfood sectors, the PE model has difficulty predicting...

This report describes policies that affect the agricultural sector in 25 countries in the Western Hemisphere, including policies that affect commodity and input prices, the activities of parastatals (government-owned companies), and the integration of economies in the Western Hemisphere. To...

There exists an extensive literature that attempts to identify important factors that determine trade policies. An understanding of these important factors could be useful when negotiating trade agreements, especially in agriculture, which is a relatively heavily supported industry. Limao and...

The Caribbean Basin Economic Recovery Act (CBERA) provides duty-free access for Caribbean and Central American products entering U.S. markets. This paper compares the performance of traditional agricultural exports (beef, bananas, coffee, sugar and tobacco products) and nontraditional exports...

The impacts of the biofuel mandates in the EU and the US on agricultural markets and on the environment are assessed under three trade scenario assumptions using a global general equilibrium model. The study finds that while the biofuel mandates will result in important adjustments in global...

The paper analyzes the impact of trade liberalization and changes in world prices of agricultural commodities in Bangladesh using single country CGE model. Since the agricultural sector is sensitive to overall employment, household welfare and food security, the analysis focuses on the changes...

This paper examines how conventional export taxes and quotas can be modified to make them less market-distorting, and thereby less welfare-diminishing. The modified policies achieve the same economic objectives of the tax or quota, such as reducing the domestic price of the exported good,...