000028320 001__ 28320
000028320 005__ 20180122203626.0
000028320 037__ $$a1210-2016-98511
000028320 041__ $$aen
000028320 245__ $$aIMPACT OF CFTA/NAFTA ON U.S. AND CANADIAN AGRICULTURE
000028320 260__ $$c1997
000028320 269__ $$a1997
000028320 270__ $$mtweeten.1@osu.edu$$pTweeten, Luther G.
000028320 300__ $$a22
000028320 336__ $$aWorking or Discussion Paper
000028320 446__ $$aEnglish
000028320 490__ $$aWorking Paper 97-3
000028320 520__ $$aCFTA/NAFTA is estimated annually to add $1,430 million of U.S. agricultural exports to Canada and $1,884 million of Canadian agricultural exports to the United States. Thus CFTA/NAFTA contributed an estimated 25 percent of the $5.8 billion of U.S. agricultural exports to Canada in 1995.  Classical welfare analysis was used to estimate the implications of free trade in the dairy, poultry, sugar, and other industries that continue to be protected.  In aggregate, consumers benefit from liberalization by nearly $1 billion per year in each country. Losses to Canadian producers are absolutely and relatively greater than to U.S. producers.  Overall deadweight gains are positive to each country.  The annual combined two-country addition to national income ($292 million) totals a present value of $5.8 billion when discounted in perpetuity at a 5 percent rate.
000028320 650__ $$aInternational Relations/Trade
000028320 700__ $$aTweeten, Luther G.
000028320 700__ $$aSharples, Jerry A.
000028320 700__ $$aEvers-Smith, Linda
000028320 8564_ $$s119473$$uhttp://ageconsearch.umn.edu/record/28320/files/wp970003.pdf
000028320 887__ $$ahttp://purl.umn.edu/28320
000028320 909CO $$ooai:ageconsearch.umn.edu:28320$$pGLOBAL_SET
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  Previous issue date: 1997
000028320 982__ $$gOhio State University>Department of Agricultural, Environmental and Development Economics>Working Papers
000028320 980__ $$a1210