Before a cooperative plan can be formulated for utilizing the wheat surpluses in underdeveloped countries, there are three points on which the exporting nations will have to agree. They are: (1) uniform terms (rates of interest and repayment, and etc.) for concessional sales; (2) the level of commercial wheat imports, if any, that the underdeveloped countries should be required to maintain; and (3) a basis for determining the quantity of wheat each exporting nation should supply on concessional terms. The general purpose of this study was to attempt to establish a basic rule for determining the level of commercial wheat imports, if any, that the underdeveloped countries should be required to maintain in addition to concessional purchases and to offer a rule and some procedures that the exporting countries might follow in supplying wheat on concessional terms.
Number of Pages
South Dakota State College
Leibfried, James L., "A Search for Rules for International Wheat Surplus Disposal" (1959). Agricultural Experiment Station Agricultural Economics Pamphlets. 104.