Can the WTO reduce agricultural trade distortions?
Earnings from farming in many developing countries have been depressed by anti-agricultural biases in own-country price and trade policies, as well as by governments of richer countries favoring local farmers with import barriers and subsidies. Both sets of policies reduce national and global economic welfare, add to global inequality and poverty, and are mostly the result of trade restrictions. Yet until recently they have not been disciplined by the GATT or WTO. New...[Show more]
|Collections||ANU Research Publications|
|Source:||The Journal of International Trade & Economic Development|
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