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Countries often provide support for their farmers using trade barriers and subsidy because: domestic agriculture, even if it is inefficient by world standards, can be an insurance policy in case it becomes difficult (as it does, for example, in wartime) to buy agricultural produce from abroad; farmers groups have proved adept at lobbying; politicians have sought to slow the depopulation of rural areas; agricultural prices can be volatile, as a result of unpredictable weather, among other things; and financial support can provide a safety net in unexpectedly severe market conditions.Broadly speaking, governments have tried two methods of subsidising agriculture. The first, used in the United States during the 1930s and in the UK before it joined the European Union, is to top up farmers incomes if they fall below a level deemed acceptable. Farmers may be required to set aside some of their land in return for this support. The second is to guarantee a minimum level of farm prices by buying up surplus supply and storing or destroying it if prices would otherwise fall below the guaranteed levels. This was the approach adopted by the EU when it set up its Common Agricultural Policy. To keep down the directcost of this subsidy the EU used trade barriers, including import levies, to minimise competition to EU farmers from produce available more cheaply on world agriculture markets. Recent American farm-support policy has combined income top-ups and some guaranteed prices. As most governments have become more committed to international trade, such agricultural policies have come under increasing attack, although the free trade rhetoric has often run far ahead of genuine reform. In 2003, rich countries together spent over $300 billion a year supporting their farmers, more than six times what they spent on foreign aid. Finding a way to end agricultural support had become by far the biggest remaining challenge for those trying to negotiate global free trade.Q.According to the passage, governments subsidize agriculture in which of the following ways?A. Governments directly pay the farmer.B. Governments cut down on foreign aid.C. Governments procure farm produce to maintain prices.D. Governments impose import levies.a)A and Bb)B,C and Dc)A, C and Dd)A , B and DCorrect answer is option 'C'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Countries often provide support for their farmers using trade barriers and subsidy because: domestic agriculture, even if it is inefficient by world standards, can be an insurance policy in case it becomes difficult (as it does, for example, in wartime) to buy agricultural produce from abroad; farmers groups have proved adept at lobbying; politicians have sought to slow the depopulation of rural areas; agricultural prices can be volatile, as a result of unpredictable weather, among other things; and financial support can provide a safety net in unexpectedly severe market conditions.Broadly speaking, governments have tried two methods of subsidising agriculture. The first, used in the United States during the 1930s and in the UK before it joined the European Union, is to top up farmers incomes if they fall below a level deemed acceptable. Farmers may be required to set aside some of their land in return for this support. The second is to guarantee a minimum level of farm prices by buying up surplus supply and storing or destroying it if prices would otherwise fall below the guaranteed levels. This was the approach adopted by the EU when it set up its Common Agricultural Policy. To keep down the directcost of this subsidy the EU used trade barriers, including import levies, to minimise competition to EU farmers from produce available more cheaply on world agriculture markets. Recent American farm-support policy has combined income top-ups and some guaranteed prices. As most governments have become more committed to international trade, such agricultural policies have come under increasing attack, although the free trade rhetoric has often run far ahead of genuine reform. In 2003, rich countries together spent over $300 billion a year supporting their farmers, more than six times what they spent on foreign aid. Finding a way to end agricultural support had become by far the biggest remaining challenge for those trying to negotiate global free trade.Q.According to the passage, governments subsidize agriculture in which of the following ways?A. Governments directly pay the farmer.B. Governments cut down on foreign aid.C. Governments procure farm produce to maintain prices.D. Governments impose import levies.a)A and Bb)B,C and Dc)A, C and Dd)A , B and DCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Countries often provide support for their farmers using trade barriers and subsidy because: domestic agriculture, even if it is inefficient by world standards, can be an insurance policy in case it becomes difficult (as it does, for example, in wartime) to buy agricultural produce from abroad; farmers groups have proved adept at lobbying; politicians have sought to slow the depopulation of rural areas; agricultural prices can be volatile, as a result of unpredictable weather, among other things; and financial support can provide a safety net in unexpectedly severe market conditions.Broadly speaking, governments have tried two methods of subsidising agriculture. The first, used in the United States during the 1930s and in the UK before it joined the European Union, is to top up farmers incomes if they fall below a level deemed acceptable. Farmers may be required to set aside some of their land in return for this support. The second is to guarantee a minimum level of farm prices by buying up surplus supply and storing or destroying it if prices would otherwise fall below the guaranteed levels. This was the approach adopted by the EU when it set up its Common Agricultural Policy. To keep down the directcost of this subsidy the EU used trade barriers, including import levies, to minimise competition to EU farmers from produce available more cheaply on world agriculture markets. Recent American farm-support policy has combined income top-ups and some guaranteed prices. As most governments have become more committed to international trade, such agricultural policies have come under increasing attack, although the free trade rhetoric has often run far ahead of genuine reform. In 2003, rich countries together spent over $300 billion a year supporting their farmers, more than six times what they spent on foreign aid. Finding a way to end agricultural support had become by far the biggest remaining challenge for those trying to negotiate global free trade.Q.According to the passage, governments subsidize agriculture in which of the following ways?A. Governments directly pay the farmer.B. Governments cut down on foreign aid.C. Governments procure farm produce to maintain prices.D. Governments impose import levies.a)A and Bb)B,C and Dc)A, C and Dd)A , B and DCorrect answer is option 'C'. Can you explain this answer?.

Solutions for Countries often provide support for their farmers using trade barriers and subsidy because: domestic agriculture, even if it is inefficient by world standards, can be an insurance policy in case it becomes difficult (as it does, for example, in wartime) to buy agricultural produce from abroad; farmers groups have proved adept at lobbying; politicians have sought to slow the depopulation of rural areas; agricultural prices can be volatile, as a result of unpredictable weather, among other things; and financial support can provide a safety net in unexpectedly severe market conditions.Broadly speaking, governments have tried two methods of subsidising agriculture. The first, used in the United States during the 1930s and in the UK before it joined the European Union, is to top up farmers incomes if they fall below a level deemed acceptable. Farmers may be required to set aside some of their land in return for this support. The second is to guarantee a minimum level of farm prices by buying up surplus supply and storing or destroying it if prices would otherwise fall below the guaranteed levels. This was the approach adopted by the EU when it set up its Common Agricultural Policy. To keep down the directcost of this subsidy the EU used trade barriers, including import levies, to minimise competition to EU farmers from produce available more cheaply on world agriculture markets. Recent American farm-support policy has combined income top-ups and some guaranteed prices. As most governments have become more committed to international trade, such agricultural policies have come under increasing attack, although the free trade rhetoric has often run far ahead of genuine reform. In 2003, rich countries together spent over $300 billion a year supporting their farmers, more than six times what they spent on foreign aid. Finding a way to end agricultural support had become by far the biggest remaining challenge for those trying to negotiate global free trade.Q.According to the passage, governments subsidize agriculture in which of the following ways?A. Governments directly pay the farmer.B. Governments cut down on foreign aid.C. Governments procure farm produce to maintain prices.D. Governments impose import levies.a)A and Bb)B,C and Dc)A, C and Dd)A , B and DCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.

Here you can find the meaning of Countries often provide support for their farmers using trade barriers and subsidy because: domestic agriculture, even if it is inefficient by world standards, can be an insurance policy in case it becomes difficult (as it does, for example, in wartime) to buy agricultural produce from abroad; farmers groups have proved adept at lobbying; politicians have sought to slow the depopulation of rural areas; agricultural prices can be volatile, as a result of unpredictable weather, among other things; and financial support can provide a safety net in unexpectedly severe market conditions.Broadly speaking, governments have tried two methods of subsidising agriculture. The first, used in the United States during the 1930s and in the UK before it joined the European Union, is to top up farmers incomes if they fall below a level deemed acceptable. Farmers may be required to set aside some of their land in return for this support. The second is to guarantee a minimum level of farm prices by buying up surplus supply and storing or destroying it if prices would otherwise fall below the guaranteed levels. This was the approach adopted by the EU when it set up its Common Agricultural Policy. To keep down the directcost of this subsidy the EU used trade barriers, including import levies, to minimise competition to EU farmers from produce available more cheaply on world agriculture markets. Recent American farm-support policy has combined income top-ups and some guaranteed prices. As most governments have become more committed to international trade, such agricultural policies have come under increasing attack, although the free trade rhetoric has often run far ahead of genuine reform. In 2003, rich countries together spent over $300 billion a year supporting their farmers, more than six times what they spent on foreign aid. Finding a way to end agricultural support had become by far the biggest remaining challenge for those trying to negotiate global free trade.Q.According to the passage, governments subsidize agriculture in which of the following ways?A. Governments directly pay the farmer.B. Governments cut down on foreign aid.C. Governments procure farm produce to maintain prices.D. Governments impose import levies.a)A and Bb)B,C and Dc)A, C and Dd)A , B and DCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Countries often provide support for their farmers using trade barriers and subsidy because: domestic agriculture, even if it is inefficient by world standards, can be an insurance policy in case it becomes difficult (as it does, for example, in wartime) to buy agricultural produce from abroad; farmers groups have proved adept at lobbying; politicians have sought to slow the depopulation of rural areas; agricultural prices can be volatile, as a result of unpredictable weather, among other things; and financial support can provide a safety net in unexpectedly severe market conditions.Broadly speaking, governments have tried two methods of subsidising agriculture. The first, used in the United States during the 1930s and in the UK before it joined the European Union, is to top up farmers incomes if they fall below a level deemed acceptable. Farmers may be required to set aside some of their land in return for this support. The second is to guarantee a minimum level of farm prices by buying up surplus supply and storing or destroying it if prices would otherwise fall below the guaranteed levels. This was the approach adopted by the EU when it set up its Common Agricultural Policy. To keep down the directcost of this subsidy the EU used trade barriers, including import levies, to minimise competition to EU farmers from produce available more cheaply on world agriculture markets. Recent American farm-support policy has combined income top-ups and some guaranteed prices. As most governments have become more committed to international trade, such agricultural policies have come under increasing attack, although the free trade rhetoric has often run far ahead of genuine reform. In 2003, rich countries together spent over $300 billion a year supporting their farmers, more than six times what they spent on foreign aid. Finding a way to end agricultural support had become by far the biggest remaining challenge for those trying to negotiate global free trade.Q.According to the passage, governments subsidize agriculture in which of the following ways?A. Governments directly pay the farmer.B. Governments cut down on foreign aid.C. Governments procure farm produce to maintain prices.D. Governments impose import levies.a)A and Bb)B,C and Dc)A, C and Dd)A , B and DCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Countries often provide support for their farmers using trade barriers and subsidy because: domestic agriculture, even if it is inefficient by world standards, can be an insurance policy in case it becomes difficult (as it does, for example, in wartime) to buy agricultural produce from abroad; farmers groups have proved adept at lobbying; politicians have sought to slow the depopulation of rural areas; agricultural prices can be volatile, as a result of unpredictable weather, among other things; and financial support can provide a safety net in unexpectedly severe market conditions.Broadly speaking, governments have tried two methods of subsidising agriculture. The first, used in the United States during the 1930s and in the UK before it joined the European Union, is to top up farmers incomes if they fall below a level deemed acceptable. Farmers may be required to set aside some of their land in return for this support. The second is to guarantee a minimum level of farm prices by buying up surplus supply and storing or destroying it if prices would otherwise fall below the guaranteed levels. This was the approach adopted by the EU when it set up its Common Agricultural Policy. To keep down the directcost of this subsidy the EU used trade barriers, including import levies, to minimise competition to EU farmers from produce available more cheaply on world agriculture markets. Recent American farm-support policy has combined income top-ups and some guaranteed prices. As most governments have become more committed to international trade, such agricultural policies have come under increasing attack, although the free trade rhetoric has often run far ahead of genuine reform. In 2003, rich countries together spent over $300 billion a year supporting their farmers, more than six times what they spent on foreign aid. Finding a way to end agricultural support had become by far the biggest remaining challenge for those trying to negotiate global free trade.Q.According to the passage, governments subsidize agriculture in which of the following ways?A. Governments directly pay the farmer.B. Governments cut down on foreign aid.C. Governments procure farm produce to maintain prices.D. Governments impose import levies.a)A and Bb)B,C and Dc)A, C and Dd)A , B and DCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Countries often provide support for their farmers using trade barriers and subsidy because: domestic agriculture, even if it is inefficient by world standards, can be an insurance policy in case it becomes difficult (as it does, for example, in wartime) to buy agricultural produce from abroad; farmers groups have proved adept at lobbying; politicians have sought to slow the depopulation of rural areas; agricultural prices can be volatile, as a result of unpredictable weather, among other things; and financial support can provide a safety net in unexpectedly severe market conditions.Broadly speaking, governments have tried two methods of subsidising agriculture. The first, used in the United States during the 1930s and in the UK before it joined the European Union, is to top up farmers incomes if they fall below a level deemed acceptable. Farmers may be required to set aside some of their land in return for this support. The second is to guarantee a minimum level of farm prices by buying up surplus supply and storing or destroying it if prices would otherwise fall below the guaranteed levels. This was the approach adopted by the EU when it set up its Common Agricultural Policy. To keep down the directcost of this subsidy the EU used trade barriers, including import levies, to minimise competition to EU farmers from produce available more cheaply on world agriculture markets. Recent American farm-support policy has combined income top-ups and some guaranteed prices. As most governments have become more committed to international trade, such agricultural policies have come under increasing attack, although the free trade rhetoric has often run far ahead of genuine reform. In 2003, rich countries together spent over $300 billion a year supporting their farmers, more than six times what they spent on foreign aid. Finding a way to end agricultural support had become by far the biggest remaining challenge for those trying to negotiate global free trade.Q.According to the passage, governments subsidize agriculture in which of the following ways?A. Governments directly pay the farmer.B. Governments cut down on foreign aid.C. Governments procure farm produce to maintain prices.D. Governments impose import levies.a)A and Bb)B,C and Dc)A, C and Dd)A , B and DCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Countries often provide support for their farmers using trade barriers and subsidy because: domestic agriculture, even if it is inefficient by world standards, can be an insurance policy in case it becomes difficult (as it does, for example, in wartime) to buy agricultural produce from abroad; farmers groups have proved adept at lobbying; politicians have sought to slow the depopulation of rural areas; agricultural prices can be volatile, as a result of unpredictable weather, among other things; and financial support can provide a safety net in unexpectedly severe market conditions.Broadly speaking, governments have tried two methods of subsidising agriculture. The first, used in the United States during the 1930s and in the UK before it joined the European Union, is to top up farmers incomes if they fall below a level deemed acceptable. Farmers may be required to set aside some of their land in return for this support. The second is to guarantee a minimum level of farm prices by buying up surplus supply and storing or destroying it if prices would otherwise fall below the guaranteed levels. This was the approach adopted by the EU when it set up its Common Agricultural Policy. To keep down the directcost of this subsidy the EU used trade barriers, including import levies, to minimise competition to EU farmers from produce available more cheaply on world agriculture markets. Recent American farm-support policy has combined income top-ups and some guaranteed prices. As most governments have become more committed to international trade, such agricultural policies have come under increasing attack, although the free trade rhetoric has often run far ahead of genuine reform. In 2003, rich countries together spent over $300 billion a year supporting their farmers, more than six times what they spent on foreign aid. Finding a way to end agricultural support had become by far the biggest remaining challenge for those trying to negotiate global free trade.Q.According to the passage, governments subsidize agriculture in which of the following ways?A. Governments directly pay the farmer.B. Governments cut down on foreign aid.C. Governments procure farm produce to maintain prices.D. Governments impose import levies.a)A and Bb)B,C and Dc)A, C and Dd)A , B and DCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice CAT tests.