Who will gain if WTO members agree to eliminate or to
Substantially reduce agricultural export subsidies?
A)consumers in industrialized countries who import agricultural products
B)farmers in developing countries who currently do not receive export subsidies
C)farmers in industrialized countries who currently receive export subsidies
D)consumers in developing countries who import agricultural products

Question

Quizplus · Accepted Answer

Eliminating or substantially reducing agricultural export subsidies would benefit farmers in developing countries who currently do not receive these subsidies. This would level the playing field for them and make their agricultural products more competitive in the international market, leading to increased exports and higher incomes for farmers. Consumers in developing countries who import agricultural products may also benefit from lower prices, but this would depend on various factors such as the elasticity of demand and the extent of the subsidy reductions. Consumers in industrialized countries who import agricultural products may also benefit, but to a lesser extent as they already have access to a wide range of agricultural products from different sources. Farmers in industrialized countries who currently receive export subsidies would be negatively affected by such a move, as they would lose their competitive advantage in the international market.

Who Will Gain If WTO Members Agree to Eliminate or to