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Seminar paper from the year 2018 in the subject Economics - Foreign Trade Theory, Trade Policy, grade: 1, , language: English, abstract: The Canadian economy relies heavily on international trade especially exports; thus, agriculture and agri-food sectors play significant roles in the growth and development of the Canadian economy. Remarkably, the Canadian agricultural industry has achieved a competitive edge in the regional and global markets. This phenomenon is attributable to a number of factors including strong trade partnerships, high-quality and safe agricultural products, and its geographic proximity to the United States. In the past four decades, agricultural productivity have increased significantly due to the development of large farms, increased food processing and well-established distribution firms. However, it is evident that international trade liberalization has boosted agricultural productivity. Therefore, it is apparent that free trade agreements bear significant benefits to the Canadian agricultural industry. Some of the major benefits of the free trade agreements to the Canadian agricultural industry are the increase of agricultural exports, tariff elimination, opening of new markets, expansion of the agricultural industry, and the creation of employment opportunities for Canadians in the agricultural sector. Therefore, this paper provides a comprehensive overview on the benefits of free trade agreements on the Canadian Agricultural industry.
This book presents the proceedings of an OECD conference reflecting on how China can best manage its reform process under WTO integration.
Agricultural Enlightenment explores the modernization of the rural economy in Europe through the lens of the Enlightenment. It focuses on the second half of the eighteenth century and emphasizes the role of useful knowledge in the process of agrarian change and agricultural development. As such it invites economic historians to respond to the challenge issued by Joel Mokyr to look beyond quantitative data and to take seriously the argument that cultural factors, broadly understood, may have aided or hindered the evolution of agriculture in the early modern period ("what people knew and believed" had a direct bearing on their economic behavior Mokyr, The Enlightened Economy]). Evidence in support of the idea that a readily accessible supply of agricultural knowledge helps to explain the trajectory of the rural economy is drawn from all of the countries of Europe. The book includes two cases studies of rapid rural modernization in Scotland and Denmark where Agricultural Enlightenment was swiftly followed by full-scale Agricultural Revolution.