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"The claim by global trade modelers that the potential contribution to global economic welfare of removing agricultural subsidies is less than one-tenth of that from removing agricultural tariffs puzzles many observers. To help explain that result, the authors first compare the OECD and...
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"Despite recent reforms, world agricultural markets remain highly distorted by government policies. Traditional indicators of those price distortions can be poor guides to the policies' economic effects. Recent theoretical literature provides indicators of trade and welfare-reducing effects of...
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commodity prices and reducing export shares of countries which do not support agriculture. One-and perhaps the only … to all sectors in the economy, not just agriculture) or at least non-sector-specific within agriculture. A simple and … sectors within agriculture should be in the form of taxpayer-funded payments. There should be no requirement of production …
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