The Impact of Trade Liberalization on the International Oilseed Complex

Karl Meilke, Mitch Wensley and Merritt Cluff

Review of Agricultural Economics, 2001, vol. 23, issue 1, 2-17

Abstract: One approach to trade liberalization is the zero-for-zero sectoral approach which involves agreements to eliminate export subsidies, import tariffs, and export taxes in a sector. This article provides an assessment of the impact of border trade liberalization on oilseeds and oilseed products trade. The analysis suggests that under all of the scenarios examined, North American oilseed crushers and oilseed producers gain from trade liberalization. The exact size and the distribution of these gains depends on the number of countries that participate in trade liberalization. The results suggest that the United States and Canada would gain from the adoption of the zero-for-zero proposal.

Date: 2001
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