If agricultural subsidies are eliminated by the WTO's target
Date, which nations will benefit the most?
A) agricultural exporters in smaller nations without subsidy programs because world food prices will rise
B) agricultural consumers all over the world because more farmers will find it profitable to produce
C) agricultural importing nations, which will be able to import more food
D) governments of rich nations, which will no longer have to pay the subsidies
Correct Answer:
Verified
Q74: What are reasons why U.S.food aid may
Q75: How is a production subsidy different from
Q76: Export subsidies applied by a large country
Q77: The WTO/GATT:
A)prefers that countries use export subsidies
Q78: The G8 group of industrialized countries recently
Q80: Suppose that the world price of sugar
Q81: Compare the effects on the importing country
Q81: An export tariff is:
A) a tax applied
Q82: Compare the effects on world prices for
Q84: How will an export quota imposed by
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents