OECD Trade Policy Studies Trading Up Economic Perspectives on Development Issues in the Multilateral Trading System: AGRICULTURAL POLICY REFORM, FACTOR RETURNS AND HOUSEHOLD WELFARE
Governments of most developed and many developing countries impose tariffs on imports in order to boost domestic market prices of agricultural commodities. In some OECD countries governments may top up the financial benefits of this market price support through other means, e.g. direct budgetary payments, favourable tax treatment, and subsidised credit.
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Document Type: Review Article
Publication date: May 1, 2006