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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| Format: | Article |
| Language: | English |
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Universiti Utara Malaysia
2004
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| Online Access: | https://repo.uum.edu.my/id/eprint/266/1/Abdul_Hamid_Jaafar.pdf |
| _version_ | 1803624097428537344 |
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| author | Jaafar, Abdul Hamid |
| author_facet | Jaafar, Abdul Hamid |
| author_sort | Jaafar, Abdul Hamid |
| collection | UUM |
| 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. |
| first_indexed | 2024-07-04T05:12:58Z |
| format | Article |
| id | uum-266 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T05:12:58Z |
| publishDate | 2004 |
| publisher | Universiti Utara Malaysia |
| record_format | dspace |
| spelling | uum-2662010-07-19T06:44:13Z https://repo.uum.edu.my/id/eprint/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 https://repo.uum.edu.my/id/eprint/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 |
| 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 |
| title | 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_short | 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 |
| topic | HF Commerce |
| url | https://repo.uum.edu.my/id/eprint/266/1/Abdul_Hamid_Jaafar.pdf |
| work_keys_str_mv | AT jaafarabdulhamid impactsofthewesternhemispherefreetradeareaontheinternationaltradeofsoybeanoilsoybeanmealandsoybeans |