Basic Agricultural Products

Basic Agricultural Products

Basic agricultural products in Global Commerce Policy

In this regard, basic agricultural products is: defined in the WTO Agreement on Agriculture as the product as close as practicable to the first sale . This definition leaves room for dispute. The entries on trade policy are here. If one were to follow it strictly, cheese made on the farm would be a basic agricultural product, but if it was made in an industrial dairy it would be a processed product.[1]

Basic agricultural productsin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

  1. Dictionary of Trade Policy, “Basic agricultural products” entry (OAS)

See Also


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