(Winter 2009)
Assignment 1
Question 1.
[pic]Sweet deal for sugar industryJacqueline Thorpe, fiscal Post, With Files From Reuters Published: Monday, June 02, 2008
Luther Markwart will undoubtedly go down as a god in the annals of U. S. lobbying history.
The chairman of the American Sugar Alliance was a driving force rear one of the sweetest feats of protectionism ever to come out of Washington, probably the world.
Mr. Markwart managed to power play an agreement that guarantees U. S. producers 85% of the domestic U. S. sugar market, part of a U. S. die up bill that passed last month. There are all 146,000 people involved in the entire U. S. sugar industry.
The farm bill, enacted by Congress over a presidential veto, is a US$300-billion extravaganza of protectionist insanity that increases farm spending by $20-billion at a time of record crop prices and income.
With Canada move to resist any changes to its own protectionist farm marketing boards and atomic number 63 steadfastly trying protect its farm interests, any substantive reform of global agricultural policy remains a pipe dream as crunch time looms on global shift talks this summer.
In an interview, Mr. Markwart was modest to the highest degree his accomplishment.
Until you get reforms in international production and trade, you simply throw to have it, he said.
Trade experts had other words for it, such as illegal.
Im not a trade lawyer, but my adaptation of world trade law would suggest that is illegal, said Sallie James, a policy analyst with the Washington-based Cato Institutes Center for Trade Policy Studies.
No way, Mr. Markwart says.
It doesnt violate anything under NAFTA, CAFTA any of our other bilateral trade agreements or WTO, he said, pointing out that the United States is the worlds second-biggest importer of sugar by and by Russia.
The deal is nifty. The United States will not restrict imports. The brass will simply buy up the...If you want to get a full essay, order it on our website: Ordercustompaper.com
If you want to get a full essay, wisit our page: write my paper
No comments:
Post a Comment