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Governments in many OECD countries intervene in agricultural markets to boost crop producer returns by applying tariffs to the prices of imported cereals and oilseeds and/or subsidising prices paid by foreign buyers. Historically, market price support attributable to such interventions comprised...
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export crops. A reduction in export capacity from Ukraine and Russia, and rising energy and fertiliser prices are pushing up … Ukraine’s capacity to export together with a 50% reduction in Russian wheat export could lead to a 34% increase in …
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This report shows how more open markets in goods and services can contribute to creating jobs and increase incomes. Reducing tariffs and non-tariff barriers can help in the short run where the economic crisis has led to significant involuntary unemployment by reducing costs of imported products...
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