Trade Works for Georgia's Farmers and Producers
Georgia has become known to export many things such as beef, peanuts, poultry, and cotton. Believe it or not Georgia exports these goods all over the world. Georgia is a 6 billion dollar source of agriculture and agriculture related jobs and industry. It offers jobs to 835,000 people and offers a debate of two issues to the producers there. With one of two choices people are beginning to wonder what will happen to Georgia's productions of agricultural goods. They will either become "stagnant" or become "inward growth" which means that they would only be able to produce inside the USA. This would cause problems for Georgia causing growth problems for future farmers. Ot it could grow out and allow for more exports to the rest of the world causing success and increased exports for Georgia farmers. As the world grows there are greater chances for exportation outside the United States. Ninety six percent of the world's consumers are outside of the United States of America. In the last year the world's agricultural exports grew nearly three times as much as last year. Since the world population is growing at an exuberant speed and food consumption is expanding the US will be able to export more goods and increase the amount of revenue coming into the US. According to the article "The U.S. Department of Agriculture has forecast record agricultural exports of $62 billion for 2004." The US has been number one in exports of poultry mean, peanut butter, cotton and number two in beef. To Georgia agricultural producers exports are extremely important bringing in 1.1 billion dollars last year. NAFTA has come up with free trade agreements with so many different countries including Singapore, Australia, Costa Rica, and Panama to name a few. With the free trade in these and other countries Georgia farmers will be able to expand their exports and revenues. They will be able to make trade and ship cotton to places such as Honduras and meat to Mexico.
In conclusion, we need to look for the outward growth of exports for farmers and agriculturalists of Georgia and all over the United States. By continuing free trade all over the world Georgia and other farmers can continue to expand and share their goods with the rest of the world.
USTR - Trade Works For Georgia’s Farmers and Producers
In conclusion, we need to look for the outward growth of exports for farmers and agriculturalists of Georgia and all over the United States. By continuing free trade all over the world Georgia and other farmers can continue to expand and share their goods with the rest of the world.
USTR - Trade Works For Georgia’s Farmers and Producers
2 Comments:
At 3:32 PM, kylee45 said…
Thanks for an interesting article. I fully agree that economical success for farmers must include the outward vision of trade - by capitalizing on the demands of a global economy American farmers are in the position to increase their incomes. It is wonderful that free trade agreements have been completed and are pending with so many countries. The American farmer has long struggled to make ends meet and to make a profit. To take a look inward, increased demand for US agricultrual products will most likely lead to higher prices. I hope that there will be some way to manage the higher global demand without charging the American consumer more at the grocery store.
At 2:41 PM, Ben said…
My presentation given in class concerned banana trade. The problem there, although it was PARTLY due to the main producers and exporters of bananas being low-income countries, was that the free trade is regulated by organizations such as the IMF that ultimatly will make the income from exporting the good equal to just about the amount it takes to produce them. I don't see this being an issue in the US...but it is just something to think about regarding trade.
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