IMPACT OF WORLD TRADE ON THE EGYPTIAN FOREIGN TRADE AND SOME EXPORTING CROPS IN EGYPT | ||||
Assiut Journal of Agricultural Sciences | ||||
Article 1, Volume 38, Issue 2, October 2007, Page 113-136 PDF (2.93 MB) | ||||
DOI: 10.21608/ajas.2007.270287 | ||||
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Author | ||||
Alia M. Hafez | ||||
Agricultural Research Center, Agric. Econ. Research Institute | ||||
Abstract | ||||
The study dealt with the impact of the liberalization of the world trade on the Egyptian foreign trade and some exportable crops in Egypt. Secondary data collected from different sources represented two periods. The first was before liberalization of world trade (1984-1994) and the second was the period of application (1995-2005). It has been found that: v The deficiency of the balance of trade has increased during the period of application. v The ratio of national exports to imports and the ratio of agricultural exports to imports have increased during the second period. v The income elasticity of national exports and imports has decreased during the second period and the income elasticity of agricultural exports has increased during the second period. v The annual increase in the national exports and imports has declined during the second period as compared to the previous. There was an increase in the exported amount of rice, onion, potato, orange, and grape during the period (1995-2005) compared with the period (1984-1994) while there was decrease in the exported amount of green beans. As for the value of exports, there were increases in all crops. The study also showed an increase in the export prices of rice, potato, orange, green beans, and grapes. | ||||
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