Overview

Most of the U.S. agricultural export gains under FTAs have occurred with Canada and Mexico, the top two U.S. agricultural trading partners. Though U.S. sales to overseas markets were expected to increase anyway because of population growth and income gains, analyses suggest that the FTAs recently put into effect or concluded since 2004 could boost U.S. agricultural exports by an additional 2.0% to 2.7%. Large gains are also projected under the potential FTA with South Korea. Because of the reciprocity introduced into the agricultural trading relationship in those FTAs concluded with several developing countries that protect their farm sectors with high tariffs and restrictive quotas, U.S. exporters will benefit from increased sales. Net U.S. agricultural imports under these FTAs could be 1.4% higher than forecast. The share of two-way U.S. agricultural trade (exports and imports) covered by FTAs has increased from 1% in 1985 (when the first FTA took effect) to 41% in 2006 (reflecting FTAs with 13 countries). Ranked in order, they are Canada, Mexico, Australia, Chile, Guatemala, Honduras, Israel, El Salvador, Singapore, Morocco, Nicaragua, Jordan, and Bahrain. If trade is included with nine other countries with which FTAs have been: approved but are not yet in effect (Costa Rica and Oman); concluded and awaiting consideration in the 110th Congress (Colombia, Panama, Peru and South Korea); recently took effect (Dominican Republic); and may be concluded (Thailand and Malaysia), another 9% of U.S. agricultural trade would be covered.

Full Product Details

Author:   Remy Jurenas
Publisher:   Nova Science Publishers Inc
Imprint:   Nova Science Publishers Inc
Weight:   0.166kg
ISBN:  

9781604564181

ISBN 10:   1604564180
Pages:   88
Publication Date:   01 June 2008
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Awaiting stock  
The supplier is currently out of stock of this item. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out for you.

Table of Contents

Preface; Recent Developments; Background; U.S. Negotiating Objectives for Agriculture in FTAs; Key Agricultural Issues in FTAs; Market Access for Import-Sensitive Agricultural Products; Coverage of Agricultural Products in FTAs; Sanitary and Phytosanitary (SPS) Issues; U.S. Agricultural Trade with World, FTA Partners, and Prospective Candidates; Overview; U.S. Agricultural Trade with the Most Recent and Prospective FTA Partners; Potential Impacts of Recent and Prospective U.S. FTAs on U.S. Agricultural Trade; Change in U.S. Agricultural Exports; Change in U.S. Agricultural Imports; Agriculture in Current U.S. FTAs; Canada; Mexico; Central American Countries and Dominican Republic; Australia; Chile; Israel; Singapore; Morocco; Jordan; Bahrain; Agriculture in Pending FTAs; South Korea; U.S. Access to Koreas Beef Market; Colombia; Peru; Panama; Oman; Agriculture in FTAs with Potential Partners; Thailand; Malaysia; Concluding Observations.

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