28-10-24
Is free trade on food markets desirable?
Dependencies on value chains that we cannot control Not accounting the whole GHG emissions for the production + consumption Not comparative advantage for their products in the developig coutries WTO impose stage level measures → they can not ban GM) → indirect GMO soy beans to animal in EU
Welfare Theory
(some graphs)
Deviation of the import demand and export supply curve
Trade volume
(graph)
Export Q = import Quantity
Equilubrium prices
tarif → impose raise (prise?) ↑ quantity
higher ccost → tariff shifts the demand
tariff has on a both countries
→ the one the (?) did it
→ disadvatange of all the other countries → sugar producing countries (why?)
→ net importing countries would benefit if the price would go down (why?)
net negative effect for producers for consumers is net positive
exports ← tariff sometimes beef Argentina higher domestic price (?)
Cost benefit analysis
(some graphs)
marginal cost curve → supply demand
tarif in EU to save producers (?)
higher level of self-sufficiency
reference situation is the free trade in anslysis, always define the reference
Theory of optional tarif
→ small → advantage
→ big → disadvantage
[ разобраться с графиком типо что означает точки функций спроса и предложения]
Production subsidies
p↓ Cost of product for supply(?)
Supply q↑
per unit subsidy
WTO care about effects on other countries
Export Subsidies
that can cope with situations
higher price domestic
world (?) price lower
and you have a surplus of the goods
Country 1 World market Country 2
(some graphs)
good purchase increases the welfare
↓
money ←> utility from good
pareto criterion ?
Kaidor-Hichs criterion ↓
Compensation
Code Hex criterion
State measures (majors?) is harder cause ar least one would be negative
Monetary optimization (analyses)
Regression Analyzes
Poor popel normally do not benefit from trade tarifs
How farmer can increase the supply production?
100 euro/ha → 0.5 t/ha yield (?)
Spraging (?)
marginal cost
Price wheat (?) 180 euro/t
250 euro/t
Marginal revenue = marginal costs or higher (?)
Trade disstortion
Max. returns = greed for money (many?) (max profits)
Surplus → pay exports subsididies or store
WTO try to find exemptions
If WT disstortes marginal reenue or marginal cost then its trade disstorting
Trade disstortion
→ increase producers profits and (?) increases production → prices
→ minimal price
→ state regp (?) by crreating additional demand
Traditional instrument (esp. in US)
→ deficinecy payment
→ paying subsidy do not affect demand on market price
Supply/Demand
(some graph)
Prices no volatily (?) at the agri markets?
WTO → only interested pn effect of 3rd party (dif. country) and intetnally do what you want
umbrella WTO
→ goods -> specific goods
→ services
→ JP (JD? or IP?)
Multilateral agreements
THE GATT Food safety
WTO need to approve trade wars
Boneless
→ no differentation in global trade more to like fileys (филе?) et.
fish don’t come in Agricultural Agreement
Market Acess
Domestic support
Export subsidies → banned by WTO, sine (since?) 2015 → most trade distorting
→ tarification - NTB tarifs certain price for import
→ tarif reduction → tarifs recue 67%?
→ special safeguard clause
→ tarif rate quotas
Safeguard change (SSG)
try to read p.65 and understand
trigger (?MRU, MRL, trade, trill?) in (?) situation
in quota rent - additional money
1) license on demand (how much?) apply for more than you need _> to import
2) first came first get → on the border Jan-Mar imports but then no imports
3) Hostorical precedent
4) Anetioning (?)
→ big prices but only those who is most efficient
quick relationships vs. long relationships