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Free Trade Impacts On U.S. And Southern Agriculture

Published online by Cambridge University Press:  09 September 2016

Mary E. Burfisher ,
Robert M. House  and
Suchada V. Langley
Mary E. Burfisher
Affiliation:
U.S. Department of Agriculture
Robert M. House
Affiliation:
U.S. Department of Agriculture
Suchada V. Langley
Affiliation:
U.S. Department of Agriculture
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Extract

In June 1991, the United States and Mexico agreed to work toward the formation of a free trade area (FTA), in which trade barriers between the two countries will be gradually reduced and eUrninated. An FTA is expected to deepen a trade relationship that has always been important to the two countries, and which has been expanded by the unilateral trade liberalization initiated by Mexico in 1983. A U.S. Mexico FTA will be an important development for U.S. agriculture. In 1990, Mexico ranked among the top four markets for U.S. agricultural exports nd imports. Mexico's share of U.S. agricultural trade has increased since the mid-1980s, and could expand further if trade barriers are removed.

Type
Invited Papers and Discussions
Information
Journal of Agricultural and Applied Economics , Volume 24 , Issue 1 , July 1992 , pp. 61 - 78
Copyright
Copyright © Southern Agricultural Economics Association 1992

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