Trade Issues for Milk

Paper Summary:

The paper describes the product of milk, the producers and consumers of milk and the history of trade disputes regarding milk. The paper then discusses the Doha round that attempted to resolve two major complaints from the participants to the international trade of agricultural products: large export subsidies and reduced access to the markets in high income countries. Finally, the paper looks at possible future developments in the international trade of milk.

Outline:
Introduction
Product Description
Producers and Consumers
History of Trade Disputes
Present Situation and the Doha Round
Possible Future Developments

From the Paper:

"With market liberalization and globalization, along came a multitude of issues which must be addressed and resolved. As such, since more and more countries are able to freely exchange their products, services, capital and even human resources, international organizations have been established to supervise these operations. Such an organization is the WTO, World Trade Organization, established in 1995 and headquartered in Geneva, Switzerland (Official Website of the WTO, 2008), which is aimed at regulating the international trade of all products and services, including agricultural products and consequently milk."

Sample of Sources Used:

• Ballenger, N., Blaylock, J., 2003, Consumer Driven Agriculture, Amber Waves, Volume 1, Issue 2
• Beghin, J.C., Aksoy, A., 2003, Agricultural Trade and the Doha Round: Lessons from Commodity Studies, Center for Agricultural and Rural Development, Iowa State University, Retrieved from http://www.card.iastate.edu/publications/DBS/PDFFiles/03bp42.pdf on March 9, 2008
• Beghin, J.C., Roland-Holst, D., Van Der Mensbrugghe, D., 2002, Global Agriculture and the Doha Round: What Are the Implications for the North and South?, Center for Agricultural and Rural Development, Iowa State University, Retrieved from http://www.card.iastate.edu/publications/DBS/PDFFiles/02wp308.pdf on March 9, 2008
• Schmitz, A., Koo, W., Moss, C., 2003, International Agricultural Trade Disputes: Case Studies in North America, Department of Food and Resource Economics, Florida Cooperative Extension Service, Institute of Food and Agricultural Sciences, University of Florida, Gainesville, FL
• Suranovic, S.M., 2003, International Trade Theory and Policy, The International Economics Study Center, http://internationalecon.com/Trade/Tch10/T10-5.php last accessed on March 9, 2008

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