Michigan State University Extension
Extenstion International Trade Res. - 08159507
03/31/96

International Commodity Agreements

This publication reviews economic theory pertaining to      
commodity agreements. The author emphasizes that certain    
economic gains are potentially available to both            
producers and consumers through price stabilization. The    
extent and distribution of such gains depend upon           
specific supply and demand conditions in individual         
commodity markets.  The study also emphasizes conditions    
required for producer cartel action and policy action       
for                                                         
the creation of buffer stocks for price stabilization.      

Author:                                                     
Jere R. Behrman                                             
Published by:  Overseas Development Council                 
Monograph # 9 (year 1977)                                   

For Reference                                               
Call # 500.01                                               
Center for Advanced Study of International Development      
306 Berkey Hall                                             
Michigan State University                                   
East Lansing, MI 48824-1111                                 

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