Over the past seven years, the U.S. government has been involved in trade negotiations that have led to one bilateral and two multilateral agreements whose provisions have substantive implications for U.S. agricultural trade. The first of these sets of trade negotiations led to the bilateral...

The operations of the Canadian Wheat Board (CWB), a state trading enterprise, have generated controversy over the years, partly because of an alleged lack of transparency in its operations. This study examines one aspect of operations that is not well understood the government guarantee of CWB...