Discovering Data Listen to the podcast #116 called Fish Subsidies: What’s the Catch? at tradetalkspodcast.com, and answer the following questions:

a. How long have negotiations about fish subsidies been taking place in the WTO, and what is the date by which these negotiations should be concluded?

b. What are the two features of fishing that make it a tragedy of the commons?

c. What country catches the most fish? Does this country take any actions to limit the catch?

d. What are EEZs, and why do they differ from fishing on the high seas?

e. What is IUU fishing? What is one problem that negotiators run into when trying to limit subsidies on IUU fishing? 

f. In order to limit subsidies on legal fishing, some countries favor a list approach, which would specify lists of subsidies that are permitted and that are not permitted. Describe how the proposals from the following countries differ from this list approach: the United States; China; and India.