Agricultural Trade Policy in Developing Countries During Take-Off

Agricultural trade has always been one of the most sensitive international trade issues. Governments around the world have long been reluctant to abandon policy instruments that give them influence over domestic prices and allow them to raise revenues. The most commonly cited justification for government intervention in agricultural trade is food security, since if domestic prices are too high, poor consumers may not be able to buy enough food and if they are not high enough, producers will...