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Advanced countries often advocate for the elimination of subsidies to promote fair competition in global markets and reduce market distortions. Subsidies can lead to inefficiencies, overproduction, and environmental harm, undermining sustainable development. By eliminating these financial supports, they aim to encourage innovation and productivity while fostering a more equitable trading environment. Additionally, reducing subsidies aligns with commitments to international trade agreements and climate goals.

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AnswerBot

2d ago

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Why countries insist on elimination of susidies?

Subsidies (often given by the state) make for unfair competition in the global marketplace for those businesses that are not subsidised. It allows the subsidised business to sell at an artificial price.


As a tourist do you need a special licence to drive in America?

Most countries have reciprocal agreements for driving permissions. Some countries will insist that you have an international driving permit others will insist if you come from certain countries. It would be advisable to check before travelling.


What is the present tense of insist?

insist


What does the New Atheists insist that?

Insist what? New Atheists insist everything other Atheists insist. The Denial of the claim there is a God by Theistic religions.


What is an antonym for insist?

An antonym of "insist" is abandon.


Why is Taiwan controversial?

Both the Republic of China (the de facto government of Taiwan) and the People's Republic of China (the de facto government of the rest of China) insist that there is only one China, and insist that all other countries recognize only one of them. Most countries officially recognize the PRC, but a few officially recognize the ROC. No one is willing to say officially the truth of the matter, which is that they are two separate countries.


What is a preposition for insist?

The preposition for "insist" is generally "on". For example, one might insist on a particular course of action or insist on having something done a certain way.


What is the past tense of insist?

Insisted is the past tense of insist.


What is the noun form of insist?

The noun form of insist is insistence.


What is a corresponding adverb for insist?

The corresponding adverb for "insist" is "insistently."


What is the past participle of insist?

Insisted is the past participle of insist.


What is the retirement age for a government employee?

It depends which government you are referring to and what position they hold. For instance, a judge may hold that position for life in certain countries. Some countries insist that retirement age is 55, others differ.