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.
Iowa State University
Helmar, Michael D.; Meyers, William H.; and Hayes, Dermot J., "GATT and CAP Reform: Different, Similar, or Redundant?" (1993). GATT Research Papers. 25.