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Abstract
Clearly the world and U.S. agriculture would be better
off with a new GATT agreement that reduces internal support
for producers, cuts protection from imports, and limits
export subsidies. American agriculture, however, cannot
afford the wait. A mild prescription for becoming more
competitive and responsive to market developments
offers a high economic return for U.S. consumers and producers.
It is time to reinforce the movement toward
greater planting flexibility for U.S. producers, encourage
value added exports and implement a U.S. export strategy
for non-GATT countries.