Liberalized Trade and Export Orientated Policies in Agriculture - Assignment Example

To learn about the international price of grains and their agricultural policies in the market.... The present study reflects on the emerging nations participating in the global financial markets through import and export mechanisms and thus having an impact on the commodities.... This has been possible owing to the living standards of the citizens of the country being rising over the years (China import and export trends, 2011).... China's Grain trade and its Impacts 8 4....

trade agreements and international corporations are known to lead to a degradation of the environment, and diminish state sovereignty.... trade Liberalization Globalization has led to increase trade linearization and the removing of trade barriers.... While trade linearization has been hailed as a good thing by economic experts, it presents some challenges which have resulted to feuds in the international community....

agriculture is an important part of the economy in the United States and in other parts of the world as well.... This situation… The Doha Round is one of the most notable of these negotiations (Hufbauer, Schott and Wong). Individual countries that are facing competition from new rs in the world market have been formulating their own national policies that are aimed at protecting and promoting their international trade interests.... Since there are too many players in the international agricultural market, the US, like other developed countries, has put in place several policies to safeguard its interests in the global agricultural trade arena (Cho)....

The two key components of trade politics are measures to liberalize trade and those to support domestic interests that have been negatively impacted upon by liberalization.... liberalized trade policy is beneficial in terms of the aggregate international trade since countries end up gaining from the multilateral reduction in both tariff and non-tariff barriers, (Cheeseman, 2009).... It is imperative to note that; the distributive consequences of liberalized trade policy are not uniform but has concentrated effects on specific interests; which have the tendency of taking non-market actions to increase the benefits they receive or have a reduction on the costs they bear....