Farm Program Spending: What's Permitted Under the Uruguay Round Agreements

Description:

This report discusses farm income and commodity price support proposals that
might succeed the programs due to expire in 2002. A key question being asked of
virtually every new proposal is how it will affect U.S. commitments under the 1994
Uruguay Round Agreement on Agriculture (URAA), which commitsthe United States
to spend no more than $19.1 billion annually on domestic farm supports most likely to
distort trade. The URAA spells out the rules for countries to determine whether their
policies are potentially trade distorting, and to calculate the costs.

Creator(s): Becker, Geoffrey S
Location(s): United States
Creation Date: March 13, 2001
Partner(s):
UNT Libraries Government Documents Department
Collection(s):
Congressional Research Service Reports
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Creator (Author):
Becker, Geoffrey S

Specialist in Agricultural Policy

Publisher Info:
Place of Publication: Washington D.C.
Date(s):
  • Creation: March 13, 2001
Coverage:
Place
United States
Description:

This report discusses farm income and commodity price support proposals that
might succeed the programs due to expire in 2002. A key question being asked of
virtually every new proposal is how it will affect U.S. commitments under the 1994
Uruguay Round Agreement on Agriculture (URAA), which commitsthe United States
to spend no more than $19.1 billion annually on domestic farm supports most likely to
distort trade. The URAA spells out the rules for countries to determine whether their
policies are potentially trade distorting, and to calculate the costs.

Physical Description:

6 Pages.

Language(s):
Subject(s):
Partner:
UNT Libraries Government Documents Department
Collection:
Congressional Research Service Reports
Identifier:
Resource Type: Report
Format: Text