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What is one reason European governments protect the growing if food with subsidies even though imported food would be cheaper?
There are a number of reasons, but these three here are the most important:
1) Food Security: The Developed World is paralyzed by the thought that if they rely on importation for their foodstuffs from Africa, Latin America, and Asia (the regions of the World that economically-speaking have a comparative advantage in agriculture), they will suffer through famines and hardships the same way that poor African nations do. They subsidize their agriculture to make it a viable form of security against famines elsewhere in the world.
2) Bioengineering: European organizations are scared of American and Canadian penchants for bio-engineered food products. Europeans are unsure whether or not these hormone-induced animals are safe to consume and wish to promote a tried-and-true method of food production that they believe is safe for their society. (This is why buying American products instead of subsidization is out of the question.)
3) Entrenched Practice: The European States (and now the EU) have been following this policy of supporting the farmers in their countries, that it would be very difficult to remove it. Farmers (especially in France) form a very powerful lobby for the protection of their benefits. Furthermore, considering how much money France pumps into the European economy, many countries are reluctant to try to alienate it by requesting that these programs stop.
What else can I help you with?
What effect do subsidies have on international trade?
When a product is subsidized, it becomes cheaper, hence, other countries are more likely to import it.
What effect did protective tariffs on the American economy?
They made American goods cheaper than imported goods
What effect did protective tariffs have on American economy?
They made American goods cheaper than imported goods
When imported goods grow cheaper in the US it is a sign that the value of the dollar is likely to?
Rise -fellow E2020 student
When imported goods grow cheaper in the US it is a sign that the value of the dollar is likely .?
Rise -fellow E2020 student
What is one reason European governments protect the growing of food with subsidies even though imported food would be cheaper cheaper?
to have food in case imports are cut off.
What is one reason Europeans governments protect the growing of food with subsidies even though imported food would be cheaper?
to have food in case imports are cut off.
What is one reason European governments protect the growing of food was subsides even though imported food would be cheaper?
European governments often protect the growing of food through subsidies to ensure food security and maintain self-sufficiency in agricultural production. This approach helps support local farmers and rural economies, preserving jobs and preventing the decline of traditional farming practices. Additionally, it allows governments to regulate food quality and environmental standards more effectively than they could with imported goods.
Why is American corn cheaper than Mexican corn?
Large government subsidies.
What effect do subsidies have on international trade?
When a product is subsidized, it becomes cheaper, hence, other countries are more likely to import it.
How did the economy effect Americans?
They made American goods cheaper than imported goods
What effect did protective have on American economy?
They made American goods cheaper than imported goods
What effect did protective tariffs have on the American economy?
They made American goods cheaper than imported goods
Which food has the most food miles?
Red Meats are as they are Imported from countries witch are cheaper such as new zealand.
What effect did protective tariffs have on American economy?
They made American goods cheaper than imported goods
What effect did protective tariffs on the American economy?
They made American goods cheaper than imported goods
What are the advantages of government subsidies?
Government subsidies make goods more easily attainable for their citizens. For example, the United States government heavily subsidizes gasoline so it is cheaper than it is in other countries such as countries in Europe, where they do not subsidize and the prices are much higher.
