Agriculture at a Glance for NAFTA Plus One United States Canada Mexico Chile
by Stephen Haley
, Suchada Langley, Gary Lucier, David W. Skully, and Jim Stout
International Agriculture and Trade Outlook No. (WRS-0925) September 1996
Trade in agricultural products is expected to grow rapidly over the next decade
both within the North American market and between North America and the rest of
the world. Trade liberalization under the North American Free Trade Agreement
(NAFTA) will continue to bolster the economic forces that are promoting trade
growth, including favorable socioeconomic conditions, complementary resource
endowments, and changing consumer preferences. By 2005, intra-NAFTA trade in
agricultural products is projected to reach $30 billion, up from about $19
billion in 1995. North American exports to the rest of the world will also
grow rapidly as strong economic growth and trade liberalization under the WTO
In this publication...
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