Consider the effect of trade liberalization on agricultural markets. Using your weekly readings and additional research, compare the challenges experienced by Saudi Arabia.
-What financial support does the KSA government provide for its agricultural sectors?
-How could KSA improve its agricultural sectors policies?
-What types of results would you expect for these improvements?
-Any foreseen consequences?
Embed course material concepts, principles, and theories, which require supporting citations along with at least one scholarly peer reviewed reference in supporting your answer unless the discussion calls for more.
Readings:
- Chapter 6: Trade Regulations and Industrial Policies in International Economics by Carbaugh
- Haddon, H. (2017, May 22). Got milk? Way too much say farmers—Many 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
- Siddiqui, K. (2016). International trade, WTO and economic development. World Review of Political Economy, 7(4), 424-450
APA Style, ~300 words
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