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U.S.-China Agricultural Trade: Constraints and Potential

Опубликовано на портале: 27-04-2005
Journal of Agricultural and Applied Economics. 1998.  Vol. 30. No. 1. P. 113-126. 
China’s agricultural trade expanded rapidly following economic reforms and the open-door policy adopted in the late 1970s. The composition of agricultural trade with China follows its labor-abundant and land-scarce resource endowment with imports of bulk and processed intermediates and exports of consumer-ready and processed goods. Constraints on U. S.- China agricultural trade include tariffs, state trading, food security policies, and other nontariff barriers. Growth potential is based on China’s fundamental demand forces including the world’s largest population, a high real-income growth rate, an emerging urban middle class, and furthertrade reforms to be implemented through accession to the World Trade Organization.

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