Abstract
This article contains a discussion of the reasons behind the continuous deterioration of Mexico's agricultural and livestock balance of trade and an analysis of the effects on agriculture and livestock employment of alternative paths of growth and trends of foreign trade. The article ends with a policyoriented reflection. It proposes that localized state intervention would be necessary in order to promote the production of basic grains for human consumption in rainfed lands, and, in a context of trade liberalization, deregulation for the remaining irrigated portion of the sector would not be unhealthy.
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