This paper presents a model of longer term interactions in the international markets for cereals, soybeans and meat, and draws policy conclusions for developing countries. The model is comparative static in nature and, largely, partial equilibrium, incorporating constant elasticity demand and...

Ahead of the Uruguay Round accord of the General Agreement on Tariffs and Trade (GATT) in December of 1993, numerous developing countries, especially in Latin America, embarked on a process of unilateral trade liberalization. During the late 1980s and early 1990s, bound tariffs were instituted,...