Which nations will be harmed the most if the WTO
Eliminates agricultural subsidies?
A)agricultural exporters in smaller nations without subsidy programs because world food prices will rise
B)agricultural consumers all over the world because prices will be higher
C)agricultural producers in nations that subsidize their production
D)governments of rich nations that will have to provide support to farmers who are hurt

Question

Quizplus · Accepted Answer

Agricultural producers in nations that subsidize their production will be harmed the most because they rely on these subsidies to remain competitive in the global market. Without subsidies, their production costs may be higher than those of producers in nations without subsidies, leading to a loss of market share.

Which Nations Will Be Harmed the Most If the WTO