Agricultural Trade

by Tweeten, Luther G.

• ISBN13: 9780813385792
• ISBN10: 0813385792
• Format: Paperback
• Copyright: 1992-08-01
• Publisher: Westview Pr

Summary

This timely volume answers a need for a comprehensive, user-friendly analysis of trade principles, institutions, and policies necessary to understand international agricultural trade. The book provides the most complete coverage available of strategic trade theory and application, imperfect competition, market power, and the political economy of agricultural trade. Designed as a core text for students with a background in micro- and macroeconomics, Agricultural Tradealso provides government and industry professionals with a basic understanding of the issues and methods as well as the tools to carry out their own in-depth analyses. Agricultural Tradewill also serve as a convenient reference for trade and economic development practitioners. The book describes how to measure trade distortions, the gains from trade, and competitive advantage. Further, it demonstrates why the big losers from trade distortions are the nations that practice them. Its reference features include an extensive listing of trade laws, institutions, and policies; a detailed listing of elements in a sound American trade policy; and a glossary that defines trade terms.

Table of Contents

Preface	p. xiii
Introduction	p. 1
References	p. 14
Conceptualizing Comparative Advantage and the Gains from Trade	p. 17
References	p. 42
Annex to Chapter 2	p. 44
Measuring Comparative Advantage, Protection, and the Gains from Trade Liberalization	p. 49
Conclusions	p. 74
References	p. 74
Border Interventions: Taxes, Subsidies, and Quotas	p. 77
Conclusions	p. 96
Conclusions	p. 96
Agricultural Commodity Programs and World Trade	p. 99
Conclusions	p. 120
References	p. 121
Macroeconomic Policy, Exchange Rates, and Trade	p. 123
Conclusions	p. 152
References	p. 153
Annex to Chapter 6	p. 155
Introduction to Strategic Trade Theory	p. 157
References	p. 178
Strategic Trade Theory, Market Power, and the Political Economy of Trade	p. 181
Conclusions	p. 201
References	p. 202
Institutions and Trade Policies	p. 205
Conclusions	p. 227
References	p. 228
Annex to Chapter 9 the General Agreement Articles as of 1989	p. 230
Major Players in World Trade	p. 233
Conclusions	p. 247
References	p. 248
American Agricultural Trade Policy	p. 251
References	p. 280
Agricultural Trade Models	p. 283
References	p. 290
Annex a to Chapter 12 a Multiregion, Multicommodity, Nonspatial, Partial Equilibrium, Empirical Model Using Constant Elasticity Behavioral Equations	p. 292
Annex B to Chapter 12 Policy Analysis with a Simple Wheat Trade Model	p. 297
Glossary	p. 301
Index	p. 311
About the Book and Author	p. 319
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