UNDERSTANDING INTERNATIONAL TRADE INAGRICULTURAL PRODUCTS: ONE HUNDRED YEARS OFCONTRIBUTIONS BY AGRICULTURAL ECONOMISTSTIM JOSLING, KYM ANDERSON, ANDREW SCHMITZ, AND STEFAN TANGERMANNThe study of international trade in agricultural products has developed rapidly over the past fifty years
In the 1960s the disarray in world agriculture caused by domestic price support policies became thefocus of analytical studies
There followed attempts to measure the distortions caused by policies alsoin developing countries and to model their impact on world agricultural markets
Tools were advancedto explain the trends and variations in world prices and the implications of market imperfections
Challenges for the future include analyzing trade based on consumer preferences for certain productionmethods a