Impacts of the western hemisphere free trade area on the international trade of soybean oil, soybean meal and soybeans

A major multi-county free trade agreement currently under negotiation is the Free Trade Area of the Americas (FTAA). The agreement is proposed to be operational by January 2005 and will encompass 34 countries in the Western Hemisphere. Soybeans and soybean products are important export commodities i...

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Main Author: Jaafar, Abdul Hamid
Format: Article
Language:English
Published: Universiti Utara Malaysia 2004
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Online Access:http://repo.uum.edu.my/266/1/Abdul_Hamid_Jaafar.pdf
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spelling my.uum.repo.2662010-07-19T06:44:13Z http://repo.uum.edu.my/266/ Impacts of the western hemisphere free trade area on the international trade of soybean oil, soybean meal and soybeans Jaafar, Abdul Hamid HF Commerce A major multi-county free trade agreement currently under negotiation is the Free Trade Area of the Americas (FTAA). The agreement is proposed to be operational by January 2005 and will encompass 34 countries in the Western Hemisphere. Soybeans and soybean products are important export commodities in the Western Hemisphere. It is expected that tariffs and duties on these commodities will be intensely negotiated. The purpose of this paper is to analyze effects of the FTAA implementation on international trade of soybean oil, soybean meal and soybeans. Emphases of investigations are on how the implementation of FTAA is afected by Brazil's soybean output expansion and China's accession into the World Trade Organization. The method of analysis is via the spatial equilibrium model that includes all countries in the Western Hemisphere and several regions outside the hemisphere. Four alternative trade scenarios were simulated and their results were compared with those from the baseline model. All scenarios indicated that the U.S. and Brazil would be able to at least expand their exports of soybean oil or soybean meal. Universiti Utara Malaysia 2004 Article PeerReviewed application/pdf en http://repo.uum.edu.my/266/1/Abdul_Hamid_Jaafar.pdf Jaafar, Abdul Hamid (2004) Impacts of the western hemisphere free trade area on the international trade of soybean oil, soybean meal and soybeans. International Journal of Management Studies (IJMS), 11. pp. 105-127. ISSN 0127-8983 http://ijms.uum.edu.my
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic HF Commerce
spellingShingle HF Commerce
Jaafar, Abdul Hamid
Impacts of the western hemisphere free trade area on the international trade of soybean oil, soybean meal and soybeans
description A major multi-county free trade agreement currently under negotiation is the Free Trade Area of the Americas (FTAA). The agreement is proposed to be operational by January 2005 and will encompass 34 countries in the Western Hemisphere. Soybeans and soybean products are important export commodities in the Western Hemisphere. It is expected that tariffs and duties on these commodities will be intensely negotiated. The purpose of this paper is to analyze effects of the FTAA implementation on international trade of soybean oil, soybean meal and soybeans. Emphases of investigations are on how the implementation of FTAA is afected by Brazil's soybean output expansion and China's accession into the World Trade Organization. The method of analysis is via the spatial equilibrium model that includes all countries in the Western Hemisphere and several regions outside the hemisphere. Four alternative trade scenarios were simulated and their results were compared with those from the baseline model. All scenarios indicated that the U.S. and Brazil would be able to at least expand their exports of soybean oil or soybean meal.
format Article
author Jaafar, Abdul Hamid
author_facet Jaafar, Abdul Hamid
author_sort Jaafar, Abdul Hamid
title Impacts of the western hemisphere free trade area on the international trade of soybean oil, soybean meal and soybeans
title_short Impacts of the western hemisphere free trade area on the international trade of soybean oil, soybean meal and soybeans
title_full Impacts of the western hemisphere free trade area on the international trade of soybean oil, soybean meal and soybeans
title_fullStr Impacts of the western hemisphere free trade area on the international trade of soybean oil, soybean meal and soybeans
title_full_unstemmed Impacts of the western hemisphere free trade area on the international trade of soybean oil, soybean meal and soybeans
title_sort impacts of the western hemisphere free trade area on the international trade of soybean oil, soybean meal and soybeans
publisher Universiti Utara Malaysia
publishDate 2004
url http://repo.uum.edu.my/266/1/Abdul_Hamid_Jaafar.pdf
http://repo.uum.edu.my/266/
http://ijms.uum.edu.my
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score 13.211869