By David Lea
An in-depth survey of the key commodities of the realm * Profiles each one commodity intimately * presents in-depth facts on creation * comprises a useful listing Contents: * Introductory essays * Covers all significant agricultural and mineral items together with aluminium, coal, cotton, nickel, petroleum, bananas, rice, rubber, tea, espresso, tobacco, wheat, typical gasoline, soybeans, zinc, lead and phosphates * each one commodity is profiled intimately with details on actual visual appeal, heritage, makes use of, significant markets, developments favorite, significant importers and exporters * Statistical information of contemporary degrees of construction at a world and person state point * contemporary tendencies in costs with indexes of export costs * A listing of enterprises enthusiastic about commodities.
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Extra info for Agricultural and Mineral Commodities Year Book
The important point to note about the Blue Box payments is that production is still required in order to receive these payments, but the actual payments are not directly related to the current quantity produced. Industrialized countries are the primary beneficiaries of the Blue Box measures. Export subsidies: The AoA specifies reduction requirements on export subsidies, both in terms of expenditure and in terms of volume. Developed countries are required to reduce export-subsidy expenditure by 36%, and the volume entitled to export subsidy by 21%, both over six years.
2m. tons. However, demand is forecast to outstrip supply by a wider margin up to 2005, increasing China’s reliance on imports. In 1999 it was reported that China had 111 aluminium smelters, of which about 40 had been constructed in the preceding two years. In August 1999 the China Aluminium Corpn (Chalco) was established to assume responsibility for the management of aluminium production facilities formerly controlled by the State Bureau of Nonferrous Metals Industry. At that time the aluminium smelters operated by Chalco had a production capacity of about 1m.
On the other hand, if the majority of the population in the country live in rural areas and are dependent on agriculture (and particularly food production) for their livelihood, such imports will reduce the profitability of farming, thereby threatening the agriculturalists’—and eventually the country’s—longterm food security. Indirectly affecting food security is the fact that trade (in both agriculture and manufactured products) can promote a country’s economic development. Expanding exports can help create employment opportunities which, in turn, will help increase household incomes, thereby improving those households’ food security.