The case describes the competitive advantage that U.S. farmers are on the global cotton and subsidies they receive from the U.S. federal government. Arguments for and against subsidies provided in the context of global competition. Case includes the data needed to assess the supply curve for the year 2004, cotton production and to predict the average price of cotton in 2004 using the total consumption of cotton in 2004. Students can evaluate the result of the elimination of U.S. cotton subsidies on the average 2004 price of cotton. "Hide
by David Besanko, Brett Burgess Source: Kellogg School Management 14 pages. Publication Date: January 1, 2007. Prod. #: KEL348-PDF-ENG