Abstract: Agriculture remains a sensitive issue during multilateral trade negotiations within the World Trade Organization (WTO). Similar problems arise at the bilateral level, as in the case of trade talks between the United States and the Dominican Republic. The study explores the determinant of agricultural industry competitiveness in the 21st century, particularly in the case of U.S. and Dominican agriculture in each other’s market. Complementing existing scholarship on industry competitiveness, the study argues that trade rules that are established under preferential access programs and trade agreements play a significant role in shaping an industry’s ability to compete. The final analysis is used to offer recommendations to the same sector in Cuba. Cuba currently relies heavily on U.S. food imports and is experiencing the gradual opening of trade with the United States.
Abstract: A free-trade agreement is found to increase Thailand-s
agricultural imports from New Zealand, despite the short span of
time for which the agreement has been operational. The finding is
described by autoregressive estimates that correct for possible unit
roots in the data. The agreement-s effect upon imports is also
estimated while considering an error-correction model of imports
against gross domestic product.