Posts tagged…Cereals

A Critical Mass Agreement on cereals trade

Wed, Jun 17 2009

VanGoghWheatField.gif

In this post I'll describe the simulated impacts of a Critical Mass (CM) trade liberalization agreement on global trade in cereals. This is the second of five posts about some simulations I've created to investigate whether CM agreements could be an alternative to the standard WTO approach to opening up world markets for agriculture.

The bottom line: an improvement in global welfare of between…

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