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A multi-commodity model of world food markets is used to quantify the adverse impact of agricultural p olicies in Western Europe and East Asia on farmer welfare in Australa sia and North America. Net farm incomes for these traditional exporte rs would be one-third greater in the absence of...
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A multi-commodity model of world food markets is used to show the likely effects of a gradual lowering of tariffed agricultural protection rates by industrial countries during the 1990s. In addition to raising the mean and lowering the variance of international food prices, such reforms bestow...
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