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| Abler, David G.; Beghin, John C.; Blandford, David; Elobeid, Amani E.. |
| We analyze the potential impact of continuing the existing U.S. sugar program, replacing it with a standard program, and implementing the standard program with multilateral trade liberalization. Under the North American Free Trade Agreement (NAFTA), duty-free sugar imports from Mexico will undermine the programs ability to operate on a "no-cost" basis to U.S. taxpayers. As the Mexican beverage industry is likely to expand considerably its high-fructose corn syrup use, the sugar thereby displaced will seek a market in the United States. Under these conditions, marketing allotments could not be utilized under current legislation and prices would likely fall to the loan rate. The government would accumulate significant sugar stocks. The replacement of the... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Doha; NAFTA; Policy; Sugar; U.S. sugar program; International Relations/Trade. |
| Ano: 2006 |
URL: http://purl.umn.edu/18510 |
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