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The U.S.Beef Industry and Trade Policy
Vernin L. Sorenson 건국대학교 동물자원연구센터 1992 국제 심포지움 Vol.- No.3
Increased internationalization of agricultural markets has important economic and policy consequences. Policy needs to be viewed as a composite of domestic and international actions and must be judged in terms of its impact on society as a whole. During the post World War II Period much progress has been made under U.S. leadership to liberalize industrial trade but limited progress has occurred in agriculture despite major efforts in the Tokyo and the current Uraguay Rounds. For the future this poses the question of how agricultural trade policy can he developed to reduce market distortions and lower the costs of policies by individual countries to protect their domestic markets. This paper suggests the need for improved analysis of the political economy of agricultural trade to support future policy development.