Excerpt from Foreign Development and Trade Division of the Economic Research Service, United States Department of Agriculture and Related Work of the State Agricultural Experiment Stations<br/><br/>Foreign development and trade research is concerned with four areas: effects of foreign economic development on agriculture; appraisal of agricultural export programs and market development; international monetary and trade ysis; and the ysis and evaluation of United States and world agri cultural trade. The research objectives include appraisal and evaluation of the economic implications of policies and programs on u.s. Foreign trade in agricultural products and the efficient use of u.s. Produced food and other resources in economic development programs abroad. This information is employed in the formulation of national policies, positions, and programs in the four areas set forth above. Research on foreign economic development and trade is carried out in the Foreign Development and Trade Division of the Economic Research Service of the u.s. Department of Agriculture. During the period of this report October 1, 1965 to September 30, l966-approximately 30 scientist man  years were devoted to research in the areas of foreign economic development and trade research, distributed as follows: man  years to Effects of Foreign Economic Development on Agriculture; 2 man  years to Export Programs and Market Development; 7 man-years to International Monetary and Trade Research; and man  years to Trade Statistics and ysis. Exports of agricultural products are of major importance to u.s. Agriculture and to the u.s. Balance of international payments. Total agricultural exports in 1965  66 reached a record level of billion. The foreign market has become increasingly important to American agricultural producers in the past few years.
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