The Impact of China and Taiwan Joining the World Trade Organization on U.S. and World Agricultural Trade: A Computable General Equilibrium Analysis

Zhi Wang

United States Department of Agriculture

关键词: China;    Taiwan;    World Trade Organization;    agricultural trade;    exports;    imports;    world trade;   

RP-ID  :  TB-1858

学科分类：农业科学（综合）

美国|英语

来源: United States Department of Agriculture Publications

【 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.