Physical Sciences and Mathematics Commons^™

Agriculture Trade And Protectionism., Debasmita Basu Dr.

Doctoral Theses

Ever since the inception of the World Trade Organization free trade in agricultural goods has been difficult to implement. The developed countries, who are otherwise active proponents of free trade, seem reluctant to remove the subsidies from the agricultural sector, making way for unfair competition against the poor developing nations. The Common Agricultural Program (CAP) spending of around ¿58 bn each year in the European countries as agricultural subsidy has always been subject to controversy.The U.S. Department of Agriculture (USDA) has also devised a variety of programs to supplement the farmers’ income, support commodity market price and manage supply. The …