THE POTENTIAL FOR HIGH-VALUE AGRICULTURAL PRODUCTS UNDER THE NORTH AMERICAN FREE TRADE AGREEMENT: THE CASE OF BEEF IN MEXICO AND CANADA
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The prospects for U.S. beef products in the advent of a North American Free Trade Agreement were examined using a system-wide approach to import allocation. Results indicate that increases in the standard of living in Mexico and Canada would stimulate increased importation of processed and unprocessed beef products had expenditure elasticities of less than one.