The big three (the U.S., EU and Japan) are opposing a continuation of the Doha round on the basis that the negotiations have gone nowhere for 14 years. Meanwhile, the developing countries have a rebuttal of their own. 21st Century Mercantilism The Japanese government is idealizing measures to help its farmers compete under the Trans-Pacific Partnership (TPP), a move that is roughly an extension of its mercantilist model. It will push for increased exports of some high-value food products while suggesting that any foreign rice that must be imported under the agreement should be poured into a stockpile for emergencies. That means eventual reshipment overseas or use as animal feed. This is similar to the EU model of exporting its higher-cost...