The Sugar Beet Industry: A Model for Agricultural Self-sufficiency in a Developing Country?
Trade theory requires that production should be spatially concentrated in low-cost countries and that low-cost countries should export their production to high-cost ones. However, during the latter third of the twentieth century, the realities of global agricultural trade have turned this theoretical proposition on its head. Much of global agricultural trade is characterised rather by high-cost countries exporting high-cost agricultural products with high subsidies derived from either national or international administrations — for example, the US Federal Government or the European Community’s Common Agricultural Policy.
KeywordsSugar Phosphorus Maize Europe Income
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