Who will gain as a result of the WTO's elimination of agricultural export subsidies?
A) consumers in industrialized countries who import agricultural products
B) farmers in developing countries who currently do not receive export subsidies
C) farmers in industrialized countries who currently receive export subsidies
D) consumers in developing countries who import agricultural products

Question

Quizplus · Accepted Answer

Farmers in developing countries who currently do not receive export subsidies will gain as a result of the WTO's elimination of agricultural export subsidies. This is because the subsidies provide an unfair advantage to farmers in industrialized countries, making it difficult for farmers in developing countries to compete in the global market. By eliminating these subsidies, farmers in developing countries will have a more level playing field and be able to better compete and export their agricultural products. The other options (A, C, and D) are incorrect because while they may be affected by the elimination of export subsidies, they will not necessarily gain from it.

Who Will Gain as a Result of the WTO's Elimination