Objectives and organization of this volume, 4. An overview of the 'Miracle crop', 5; World markets for food oils and hig-protein meals; Soybean markets in the United States; Prices in the soybean sector; Dynamic supply and demand model of the market for U.S. soybeans and their products; Policy analysis with the dynamic model; The economic and statistical framework for regional demand analysis; Analysis of regional export demand for U.S. soybean oil; Analysis of regional export demand for U.S. soybean meal; Analysis of regional export demand for U.S. soybeans; Summary of regional analysis
International trade in agricultural products has increased six- fold in the past thirty years; this, accompanied by rapidly changing world markets, has created a demand for an up-to-date book on the economics of agricultural trade policies. With concise, easy-to-follow analysis, Elements of Agricultural Trade Policies introduces the typical protective trade policy schemes and mechanisms used by the major agricultural trading nations, both importers and exporters. In addition, it clearly describes the principles of comparative advantage and economic gains from trade. Houck presents analyses of such traditional strategies as tariffs and quotas, as well as such modern devices as market discrimination and export subsidies. He addresses exchange rates, preferential trading, and effective protection policies, putting special emphasis on partial equilibrium analysis of various trade policy schemes. Most important, by focusing on the economic forces and consequences associated with specific trade policies, irrespective of the nation imposing them or the product involved, this book remains current as time changes. Numerous diagrams, built on a flexible, uniform model that clearly illuminates the trade policies discussed are included. Researchers and policy makers with only limited economic training will find this volume packed with valuable ideas about virtually all major agricultural trade policy interventions.
El sistema económico. El proteccionismo de los países importadores. Proteccionismo aplicado por los exportadores. Las políticas comerciales globales. Instituciones y funcionamiento del comercio internacional.
