Domestic food and agricultural policies of individual importing and exporting countries signicifantly affect international trade in grains This case study focuses on Venezuela's import demand for sorghum It investigates the tradeoffs in a country's decision to import or to produce feed grains in...

This paper examines how conventional export taxes and quotas can be modified to make them less market-distorting, and thereby less welfare-diminishing. The modified policies achieve the same economic objectives of the tax or quota, such as reducing the domestic price of the exported good,...

Agricultural trade barriers and producer subsidies inflict real costs, both on the countries that use these policies and on their trade partners. Trade barriers lower demand for trade partners' products, domestic subsidies can induce an oversupply of agricultural products which depresses world...