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The Impact of China and Taiwan Joining the World Trade Organization on U.S. and World Agricultural Trade: A Computable General Equilibrium Analysis
- 英文名称:
- The Impact of China and Taiwan Joining the World Trade Organization on U.S. and World Agricultural Trade: A Computable General Equilibrium Analysis
- 作者:
- Zhi Wang
- 工作单位:
- USDA's Economic Research Service
- 关键词:
- China; Taiwan; World Trade Organization; agricultural trade; exports; imports; world trade;
- 年份:
- 1997
- 出版地:
- Washington, DC, USA
- 总页数:
- 52 pp
- 语种:
- English
- 摘要:
- This report quantifies the potential impact of China's and Taiwan's accession to the World Trade Organization on U.S. and world agricultural trade by means of a 12-region, 14-sector computable general equilibrium model for world trade and production. Integrating China and Taiwan into the global trading system could increase total world exports by as much as $78 billion (1992 constant prices), total world imports by $94 billion, and world real consumption by $45 billion annually, as well as induce more competition on labor-intensive products and reduce their prices.
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