Question:
"Time" magazine, Canadian edition, has recently published an article on U.S. agricultural subsidies titled "Why our Farm Policy is Failing", November 2nd, 2007.
(a) Examine the GATT/WTO regulations concerning agricultural subsidies (origins, implementation, existing subsidy values).
(b) Discuss why the US farm policy is failing.
(c) Why were the WTO 2005-6 meetings a failure? What were the main issues and reasons?