(b) The Uruguay Round included Articles which explicitly prohibited supply management programs. As a result, these countries...
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(b) The Uruguay Round included Articles which explicitly prohibited supply management programs. As a result, these countries were required to replace the import restrictions implied by Marketing Boards with tariffs, such as listed by Canada in the following table:
Commodity WTO tariff equivalents (%)
Butter 351 Cheddar cheese 289 Milk 284 Chicken 280 Skimed milk powder 237 Eggs 192 Turkey 182
*Tariff Equivalents of Canadian Marketing Board Distortions.
Source: Globe and Mail, July 10, 1995.
If the world price of chickens is $1 per kilogram, what would the price be in Canada?
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Entrepreneurship The Practice And Mindset
ISBN: 9781544302539
1st Edition
Authors: Heidi M. Neck, Christopher P. Neck, Emma L. Murray
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