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Agricultural Economics

2013

Biological sciences

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Sugar And Rice Trade Between The United States And Cuba Trade Potential And Welfare Analysis, Fabian Bloechl Dec 2013

Sugar And Rice Trade Between The United States And Cuba Trade Potential And Welfare Analysis, Fabian Bloechl

Graduate Theses and Dissertations

After the resignation of President Fidel Castro and forty-five years of the U.S.-trade embargo, the political environment between Cuba and the United States is expected to change. With the Trade Sanction Reform and Export Enhancement Act in 2000, trade sanctions were eased for a while. Future trade between both countries would increase the welfare in both countries. This Thesis has the approach to look at the impacts on the commodities of rice and sugar, and the trade sanctions between the United States and Cuba.

Cuba is a net importer of its food supply; therefore, agriculture and food trade is an …