We use a partial equilibrium two-country model, with two vertically related markets, with perfect competition in the primary good sector and with a fixed number of processing firms in each country, characterized by a Cournot behavior upstream and downstream. In the first stage of the game, the...

The EU and U.S. have historically been insulated from volatilities in the world sugar market. This paper reviews changes in WTO and regional trade agreements and interactions with domestic policies. A framework is developed to analyze the competitive positions of these sugar industries given...