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Abstract

Research has shown that agricultural trade is not poised to generate dynamic/productivity gains in contrast to the mounting evidence of such gains (in addition to the conventional static gains) in manufacturing. This paper interprets below the lack of the dynamic gains from trade in agriculture in order to provide further insights to better understanding the nature of the difficulty of liberalizing agricultural trade; proffer development strategies for food-importing low income countries; and suggest a new way of governing agricultural trade in the post-Doha Round era.

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