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Abstract

The influences of the Uruguay round of GATT on prices for farmers in the north-eastern wheatbelt of Westem Australia were identified. A MIDAS model for the north-eastern Wheatbelt Was used to analyse the effect of these changes on farm profitability and on the profit maximising enterprise mix for these farms. Limited change in the enterprise mix ts predicted as a result of GATT but significant increases in net returns are expected.

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