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AGRICULTURE: WTO rules permit assistance to agriculture

Patrick J. ByrneDec 2, 20004 min read

World Trade Organisation (WTO) rules have not required Australia to radically deregulate agriculture, as politicians and bureaucrats claim.American, European and Japanese farmers sell 80 percent plus of their products into highly protected domestic markets. The remaindered of their subsidised products is emptied onto the world markets and has a destabilising effect on the world commodity market.Australia is in just the opposite situation. Over…

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