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Trade negotiators and policy advisors are keen to know the relative contribution of different farm policy instruments to international trade and economic welfare. Nominal rates of assistance or producer support estimates are incomplete indicators, especially when (especially in developing...
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-- the opposite of what is usually thought of when considering inter-sector trade retaliation. Phasing down World Trade … to raise their import restrictions when international prices slump. To date there is no parallel discipline in the World … through new World Trade Organization rules could help alleviate the extent to which government responses to exogenous price …
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