Editor's Pick 2013, #1:
U.S. agricultural exports to China grow despite increases in China's domestic farm support
China has been an important source of recent growth in U.S. agricultural exports, and there has been concern about the implications of recent increases in China?s domestic farm support. While it is often presumed that subsidies and price supports give Chinese farmers an advantage, these policies actually may improve prospects for U.S. agricultural exports by raising costs and prices of Chinese commodities above international levels.
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