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The Trade Trap

Coote, Belinda
LeQuesne, Caroline
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1992-01-01
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Book
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256
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This best-selling book explains how countries that depend on the export of primary commodities, like coffee or cotton, are caught in a trap: the more they produce, the lower the price falls on the international market. If they try to add value to their commodities by processing them, they run into tariff barriers imposed by the rich industrialised nations. To make matters worse, they have to compete with subsidised exports dumped on the world market by rich surplus-producing countries.
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English
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Introduction; 1 The trade trap; 2 From tin barons to drug barons: commodity dependence in Bolivia; 3 Swings and roundabouts: why commodity prices rise and fall; 4 'You can't pay the doctor in millet!': controlling international commodity prices; 5 Hedging your bets: price stabilisation and the futures markets; 6 The price of a cup of tea; 7 The case of coconuts: market power and the vulnerability of small producers; 8 1492 and all that: Third World goods and First World markets; 9 Regulating world trade: the General Agreement on Tariffs and Trade; 10 Going bananas: the impact of trade blocs on developing countries; 11 Chile: the costs of an economic miracle; 12 Shrimps for sale: diversification in Bangladesh; 13 Bridging the gap: alternative trading; 14 From the margins to the mainstream: fairer trade initiatives; 15 Action for fairer trade: summary and recommendations; 16 From GATT to WTO: the results of the Uruguay Round; Notes; Further reading
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978-0-85598-351-2
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