Abstract

As it does for many domestics, the United States protects domestic meat producers from foreign competition by limiting imports. In this paper, the history and operation of the restraints are described and estimates made, of their effects on the U.S. economy using a computable general equilibrium model. If import restraints on red meat had not been in force in 1991, U.S. economic welfare would have been greater by an estimated $75-180 million. Estimates are also made for the six industries likely to be most affected by the restraints either directly of indirectly and for nine broad industry sectors comprising, collectively, the remainder of the U.S. economy. [F13]

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