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HIGH COTTON: WHY THE USA SHOULD NOT PROVIDE SUBSIDIES TO COTTON FARMERS
Author(s) -
Helling Madeline,
Beaulier Scott,
Hall Joshua
Publication year - 2008
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.2008.00828.x
Subject(s) - subsidy , government (linguistics) , production (economics) , agriculture , economics , agricultural economics , international trade , business , trade barrier , market economy , geography , macroeconomics , linguistics , philosophy , archaeology
Trade theorists agree that barriers to trade are declining. Still more progress could be made if trade barriers and government interventions were eliminated. One area in which government interference can and should be vastly reduced is that of agricultural production in general and US cotton production in particular.