GATT and CAP Reform: Different, Similar, or Redundant?
Michael D. Helmar, William H. Meyers, Dermot J. Hayes
December 1993 [93-GATT 4]
Helmar, M.D., W.H. Meyers, and D.J. Hayes. 1993. "GATT and CAP Reform: Different, Similar, or Redundant?" CARD paper 93-GATT 4. Center for Agricultural and Rural Development, Iowa State University.
Agricultural production, consumption, and trade patterns are being influenced by major economic and policy changes. Among the most important are the reform of the CAP and a possible GATT agreement. A baseline containing CAP reform is compared to a GATT agreement and a scenario without CAP reform to obtain the impacts of these changes on world trade and prices of agricultural commodities.