Following the Uruguay Round of trade negotiations Canada replaced its import quotas on sensitive products with tariff rate quotas. The over-quota tariffs on those products operating under domestic supply management schemes (dairy and poultry products) ranged from a low of 155 percent on turkey...

The empirical investigation suggests that there exists an endogenous relationship between subsidy/credit shipments and food aid for wheat in the US. The empirical VAR demonstrates a contemporaneous increase in food aid shipments as alternative vents constrict. This result suggests that a trade...

Trade policy initiatives of developed country governments are in flux. Governments’ need for new trade policy measures has arisen partly because of constraints imposed on the use of export subsidies by the Agreement on Agriculture reached as part of the Uruguay Round of General Agreement on...

We forecast a six-month extension of the Trade Promotion Authority, until December 2007, so that the Doha Development Round can be brought to a conclusion. With an extension of TPA, we expect shallow results will be achieved in the DDR during the rest of 2007, with many of the negative...

The rules of the trade policy arena differ from those in academia. How can an economic researcher survive, let alone thrive, in what may appear to be a trade policy jungle? The purpose of this paper is not just to offer guidance in this respect but also to think through the factors that...

Current trade policy pursued by the Sri Lankan government on rice can best be described as adhoc as it is characterized by protecting farmers during glut seasons and consumers during deficit seasons. This study examines the economy-wide impacts of various policy packages on rice and related...

The EU has argued that some agricultural subsidies are needed to provide the optimal amount of externalities (both positive and negative) produced by agriculture. The argument is that agriculture is "multifunctional" and externalities such as rural development and landscape would be...

The appearance of BSE in the Canadian beef herd brought immediate financial hardship to the industry due to the immediate closure of export outlets to Canadian beef, live animals and by-products. Nobody knew how long the border would stay closed and many worried that the Canadian beef industry...

Different standards in pesticides and pest protection have often been used as trade barriers, whether real or manufactured. While harmonization is often touted as a means to limit the ability of domestic (protectionist) interests to use standards as a barrier to trade, the process of...