Abstract: Almost all governments in the world intervene in the determination of agricultural production and prices. As a consequence, international trade in agricultural products is affected. This is not a new phenomenon, as governments have done so from very early times for various reasons, such as to safeguard adequate food supplies, to extract resources from farm populations, or to exchange agricultural products for other desired commodities and services. These objectives still characterize agricultural policies in many developing countries today and,...
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Topics: 
International trade
International economics