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The U.S. Position in the Millennium Round of Multilateral Trade Negotiation
Published online by Cambridge University Press: 28 April 2015
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Soon after the implementation of the Uruguay Round, U.S. agricultural exports reached their highest level. Now many things, including exchange rates, factor into any rise in exports, but almost all economists agree that lowering trade barriers through trade agreements has been a critical factor. The vast majority— 96 percent—of potential customers for U.S. products, including agricultural products, live outside the United States. We must work to increase our opportunities to sell into these global markets.
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