Agricultural Trade Patterns
This is an excerpt from the paper...
With the increase in international trade , it is now possible, and in some cases necessary, for food grown in one country to be exported to another country. In some cases, this has given rise to specialization with particular countries focusing on raising particular goods. In other cases, countries have been unable to produce necessary foodstuffs and are highly dependent on imported food products. As international trade has become more commonplace in the agricultural sector, trade patterns have emerged. These patterns are subject to the influence of domestic as well as international politics, and factors entirely unrelated directly to crops can affect the trade of agricultural products. This research considers agricultural trade and trade patterns, including considering the situation of agricultural trade in Africa.Categories of International Agriculture Issues There are three broad categories which can be identified in the area of international agriculture: development of the agricultural sector, food consumption, and trade and resource transfers (McCalla & Josling, 1985, p. 13). Agriculture is one of the few economic sectors which even today is produced by families for their own consumption in many developing nations. The rise of industrial agriculture is related directly to the trade policies of individual nations, but also to the infrastructure within those nations. In order for an industrial agricultural sector to
. . .
end. There were some exceptions to that as fluctuations have occurred around the trend, but increases in agricultural technology are largely credited with forcing the long-term level of agricultural prices down. In the latter half of the twentieth century, however, price fluctuations became more significant, resulting changing patterns of world food prices, production and trade.
Food Prices Declining Relative to Nonfood Products
One of the factors contributing to this price fluctuation is the increasing dominance of industrial market economies as major exporters of agricultural products. In the mid-twentieth century, market economies accounted for 60 percent of the world's food imports and just over half of the world's exports. By the late twentieth century, however, the industrialized nations accounted for more than 70 percent of exports and only 40 percent of imports. Global agricultural production was in the hands of the industrialized nations which had comparative advantage in the form of efficient production methods and strong capital support.
Increase in Food Price Fluctuation (Short-Run)
The price fluctuations which have developed around the downward trend have evolved in part because of declining real market prices in
. . .
Some common words found in the essay are:
Round GATT, Sector Agriculture, Conclusion International, Weeks Subasat, , Market Economies, Nonfood Products, McCalla Josling, Food Trade, Shortages/Surpluses Filled/Absorbed, international trade, government intervention, agricultural trade, mccalla josling, centrally planned, agricultural sector, agricultural products, centrally planned economies, planned economies, mccalla josling 1985, weeks subasat, josling 1985, weeks subasat 1998, industrial market economies, eastern southern africa,
Approximate Word count = 1932
Approximate Pages = 8 (250 words per page)
|