Premium
Trade Preferences for Developing Countries: An Analysis of Canada's Trade with the Caribbean Basin
Author(s) -
Farrell Carlyle A. J.,
Tyrchniewicz Edward W.
Publication year - 1989
Publication title -
canadian journal of agricultural economics/revue canadienne d'agroeconomie
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.505
H-Index - 37
eISSN - 1744-7976
pISSN - 0008-3976
DOI - 10.1111/j.1744-7976.1989.tb00833.x
Subject(s) - economics , structural basin , international trade , international economics , geography , business , geology , paleontology
SUMMARY This paper analyzes the potential impact of Canada's newest trade preference agreement with the Caribbean Basin. The analysis shows that overall static trade expansion gains are limited to £536,000 per year and are confined to a narrow range of commodities. Greatest potential is found to exist in fresh vegetables, cocoa and chocolate products and sauces. The analysis also shows that more than 87% of the gains from trade expansion will redound to the benefit of Jamaican entrepreneurs.