Opening agricultural markets: implications for developing countries
Examines the effects on developing countries of opening international agricultural markets. Specifically, it removes trade-distorting agricultural policies in industrial and developing countries and realign developing country exchange rates to reflect an equilibrium market rate. It finds that if the industrial and developing economies liberalize their agricultural markets, world prices of most agricultural goods would increase. Agricultural trade balances improve for developing countries particularly when they participate in the liberalization. In the simulation exercise which corrects for misaligned exchange rates and removes trade-distorting agricultural policies, developing countries gain nearly
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| Main Authors: | , , |
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| Format: | Texto biblioteca |
| Language: | eng |
| Published: |
Montreal (Canadá)
1989
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