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because of the harm caused to low-income nations from subsidized exports of food, high-income nations are looking at other ways to help. the preferred way is:

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Because of the damage low-income countries have suffered from subsidized food exports, high-income countries are looking for other ways to help a preferred route is technical assistance to help poor countries increase their production.

Why do countries subsidize exports?

Export subsidies are used when high tariffs increase the domestic price of goods, thereby expanding domestic production. If there are also programs to support domestic production, this production expansion could be larger and affect world prices by artificially increasing global supply.

What happens if exports are subsidized?

Export subsidies raise domestic prices and, in the case of large countries, lower foreign prices. Export subsidies increase export volumes. Export subsidies drive a price wedge equal to the value of the subsidy between the foreign and domestic prices of the product.

How can a country compete with a country that supports its industry with subsidies?

Under the Subsidies Agreement, countries can impose special import duties, called countervailing duties (CVDs), to offset the benefits of prohibited subsidies on imported products.

To learn more about subsidized exports visit:

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