Economy, asked by piyush54019, 1 month ago

when developed country file complaint over agricultural subsidies given in their country is developing countries feel treated as they are forced to open their market for developed countries but are not allowed to access to their market of developed countries what do you think ?​

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Answered by mayanksaha9125
1

Answer:

Agriculture subsidies are the payments by the government to producers of agricultural products for the purpose of stabilizing food prices, ensuring plentiful food production, guaranteeing farmers' basic incomes, and generally strengthening the agricultural segment of the national economy.Yet several criticisms of the WTO have arisen over time from a range of fields, including economists such as Dani Rodrik and Ha Joon Chang, and anthropologists such as Marc Edelman, who have argued that the institution "only serves the interests of multinational corporations, undermines local development, penalizes

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