KAU Mod 6 Effect of Trade Liberalization on Agriculture Markets Questions & Responses
Question Description
Consider the effect of trade liberalization on agricultural markets. Using your weekly readings and additional research, discuss the challenges experienced by the Saudi Arabian agriculture industry. What financial support does the KSA government provide for its agricultural sectors? How could the KSA improve its agricultural sectors policies? What types of results would you expect for these improvements? Any foreseen consequences?
References, for your information.
- Chapter 6 in International Economics
- Haddon, H. (2017, May 22). Got milk? Way too much say farmersMany bulked up their U.S. herds when prices were high, but then trouble in the global market hit. Dow Jones Institutional News.
- Hirsch, C., & Oberhofer, H. (2017). Bilateral trade agreements and trade distortions in agricultural markets. (Department of Economics Working Paper No. 24). Austria: Vienna University of Economics and Business. Retrieved from http://epub.wu.ac.at/5428/1/wp240.pdf
- Trosic, J. (2019). Chinas accession to the World Trade Organization: the process and the effects. Megatrend Review, 16(1),173-192.
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