International Trade in Agricultural Products

ISBN-10: 0130842095
ISBN-13: 9780130842091
Edition: 2001
Authors: Michael R. Reed
List price: $119.80
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Description: For senior and M.S. level courses in Agricultural Policy, International Trade, Agricultural Economics, and Advanced Agricultural Economics. This text covers the broad issues and essential topics involved in international agricultural trade:  More...

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Book details

List price: $119.80
Copyright year: 2001
Publisher: Prentice Hall PTR
Publication date: 5/11/2000
Binding: Hardcover
Pages: 256
Size: 7.25" wide x 9.75" long x 0.75" tall
Weight: 1.232
Language: English

For senior and M.S. level courses in Agricultural Policy, International Trade, Agricultural Economics, and Advanced Agricultural Economics. This text covers the broad issues and essential topics involved in international agricultural trade: agricultural policy, foreign direct investment, technical barriers, macroeconomics, the environment, preferential trade agreements. It presents this fundamental material as part of a complete treatment that offers students an understanding of how the current trade regime works, and which parties benefit and lose as the regime changes.

Preface
An Introduction to Agricultural Trade
Overview of U.S. Agricultural Exports and Imports
Overview of World Agricultural Trade
Commodity Highlights
U.S. Agricultural Trade by Country and Commodity
Important Issues in Agricultural Trade
Summary
Questions
References
Gains from Trade
Simple Comparative Advantage
Gains from Trade, Two Goods
Partial Equilibrium, One Good
Introducing the World Market and Large Countries
Introducing Transport Costs
Summary
Questions
Trade Policies of Importing Countries
Major Types of Import Barriers
Reasons for Trade Barriers
Effects of Specific Import Policies
Import Tariff
Import Quota
World Price Stability under Tariffs and Quotas
The Large Country Case and Optimal Tariff
Fixed Internal Prices by Importing Countries
Tariff-Rate Quotas
State Trading
Summary
Questions
References
Trade Policies of Exporting Countries
Export Subsidy
Export Tax
Price Discrimination
Other Import Policies That Affect Exports
Price Supports
Deficiency Payment System
Marketing Boards
Summary
Questions
References
Technical Barriers to Trade
General Issues
Uruguay Round
Examples of Disputes over SPS Measures
Mexican Avocados
Nursery Imports
Beef Treated with Growth Hormones
Future Challenges for the WTO
Measuring Trade Barriers
Nominal Rate of Protection
Effective Rate of Protection
Producer and Consumer Subsidy Equivalents
Summary
Questions
References
Multilateral Trade Negotiations: The GATT and WTO
GATT History and Guidelines
Uruguay Round--Timetable of Negotiations
Uruguay Round--Terms of Agreement
Uruguay Round--Estimated Effects of the Agreement
The World Trade Organization and the Future of Trade Negotiations
Two Other Important International Agencies
International Monetary Fund
International Bank for Reconstruction and Development (World Bank)
Summary
Questions
References
Preferential Trade Agreements
Introduction to PTAs
Welfare Aspects of PTAs
North American Free Trade Agreement
Basic Elements of the Agreement
Mexico's Peso Crisis
NAFTA Effects
European Union
Summary
Questions
References
Macroeconomics and Its Influence on International Trade
Effects of an Exchange Rate Change
Determinants of Exchange Rates
Floating Exchange Rate System
Linkages between Interest Rates and Exchange Rates
Purchasing Power Parity and Overvalued Exchange Rates
Macroeconomic Factors and the U.S. Agriculture
Summary
Questions
Trade and the Environment
Defining the Conflict between Trade and the Environment
Examples of Conflicts That Clarity the Debate
GATT in Relation to the Environment
Economic Principles in the Trade and Environment Debate
Economics of a Production Externality
Economics of International Standards
Effects of Differing Standards
Environmental Consequences of Trade Liberalization in Agriculture
Environmental Aspects of the NAFTA
Unitlateralism versus Multilateralism
Principles to Resolve the Conflict
Summary
Questions
References
European Agriculture
Background on the European Union
Overview of E.U. Agriculture
E.U. Agricultural Statistics
The Common Agricultural Policy, CAP Reform, and the GATT
Summary
Questions
References
Foreign Direct Investment and Processed Food Trade
Foreign Direct Investment Concepts
Locational Advantages
Ownership Advantages
Internalization
Costs and Benefits of FDI
Foreign Direct Investment in Food Industries
Summary
Questions
References
Competitiveness in the Global Food Economy
The Roots of Competitiveness
Porter's Four Diamonds
Factor Conditions
Demand Conditions
Related and Supporting Industries
Firm Strategy, Structure, and Rivalry
The Dynamics of Competitive Advantage and Government's Role
Competitiveness Analysis in Food and Agriculture
Summary
Questions
References
International Marketing: Analyzing Opportunities
Market Assessments
In-Depth Analyses
Economic Analysis
Legal and Regulatory Analysis
Political Analysis
Cultural Analysis
Financial Analysis
Risk Analysis
Sources of Information and Programs to Assist Exporters
Summary
Questions
Web Sites for More Information
References
International Marketing: Developing an International Strategy
Distribution System
Entry Strategies
Product Pricing
Finding Buyers, Agents, and Distributors
Promotion Strategies
Global Control and Decision Making
Export Marketing Plan--The Culmination of the Process
Summary
Questions
References
Index

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