The purpose of this paper is to examine three cases which provide some insight into the character of international transmission of technical change and its economic impacts and implications. These cases focus on three separate commodities, sugarcane, bananas, and rice. Each case presents...

The main purpose of this paper is to analyze the welfare implications of stabilizing consumption and production and to compare it with the already-known welfare implications of stabilizing prices. Two sets of assumptions regarding supply behavior will be considered: (1) supply reacts...

The purpose of this paper is to present and discuss the economic core of the protective rice policies in four major developed nations; the United States, Australia, Japan, and the European Economic Community (EEC). The fundamental economic aspects of rice policies are emphasized and not their...