Abstract
ABSTRACTThis article investigates the ability for regional trade agreements (RTAs) to push forward agricultural liberalization. Our study of the North American Free Trade Agreement (NAFTA) demonstrates that RTAs alone cannot overcome the main problems related to protectionism in the agricultural sector. RTAs can, under certain conditions, increase market access but have a limited capacity to deal with export subsidies and domestic support. Our data shows that NAFTA has improved market access for agricultural products between Canada and the United States, and that internal agricultural trade between the two countries has grown at a faster rate than with the rest of the world. Yet, in the context of the recent United States-Mexico-Canada Agreement (USMCA), many challenges remain.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.