Agriculture Question:

How are subsidies provided to farmers of any concern to the WTO?

Agriculture Interview Question
Agriculture Interview Question

Answer:

The reason why it was considered necessary to reduce and discipline domestic support policies that support domestic prices, or subsidize production in some other way, is that they encourage over-production. This squeezes out imports or leads to export subsidies and low-priced dumping on world markets.


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Was India required to cut its tariffs on agricultural products as a result of the Uruguay Round of agriculture negotiations?Are subsidies to farmers completely prohibited under the AoA?