@article{Beghin:18611,
      recid = {18611},
      author = {Beghin, John C. and Fabiosa, Jacinto F.},
      title = {THE DOHA ROUND OF THE WORLD TRADE ORGANIZATION: APPRAISING  FURTHER LIBERALIZATION OF AGRICULTURAL MARKETS},
      address = {2002},
      number = {1040-2016-85030},
      series = {CARD Working Paper 02-WP 317},
      pages = {130},
      year = {2002},
      abstract = {Using the Food and Agricultural Policy Research Institute  (FAPRI) modeling system, we investigate the multilateral  removal of border taxes and farm programs and their  distortion of world agricultural markets. We find that  agricultural and trade distortions have significant  terms-of-trade effects. Terms-of-trade effects caused by  trade barriers are much larger than those caused by  domestic farm programs. World trade is also significantly  impacted. Trade expansion is substantial for most  commodities, especially dairy, meats, and vegetable oils.  Net agricultural and food exporters, such as Brazil,  Australia, and Argentina, emerge with expanded exports,  whereas net importing countries with limited distortions  before liberalization are penalized by higher world markets  prices and reduced imports. The United States gains  significant export shares in livestock products and imports  more dairy products. Without protection and domestic  subsidies, the European Union loses many of its livestock  and dairy export markets. The increase in world market  prices would offset at least a portion of the subsidies  foregone by U.S. producers.},
      url = {http://ageconsearch.umn.edu/record/18611},
      doi = {https://doi.org/10.22004/ag.econ.18611},
}