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Agricultural protection

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Agricultural Protection
Agricultural markets have often been the recipients of tariff protection.This involves
Tariffs on cheaper imports
Quotes on imports
Government subsidies to domestic farmers
Reasons for Agricultural Protection ...

 


First, the exclusion of rich-country agricultural protectionism, chiefly in the form of production and trade subsidies exempted from GATT discipline by a waiver in 1965, is finally being challenged effectively. This is good for universal free trade.

They tackled the enormous increase in non tariff restrictions imposed in the 1980s, agricultural protection and the trade in services.

See also: Tariff, Smith, WTO, Tariffs, Subsidies

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