WTO agricultural commitments define a country's policy space by setting limits on farm subsidies, capping import tariffs, and determining when governments can shield domestic producers from import surges. The tighter these commitments, the narrower the room for policy intervention.
WTO agricultural commitments define a country's policy space by setting limits on farm subsidies, capping import tariffs, and determining when governments can shield domestic producers from import surges. The tighter these commitments, the narrower the room for policy intervention.
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