(1'0 points) 1. Agriculture is one of the main industries that most countries try to protect. The W WTO's Agriculture Agreement aims to open up agricultural trade and make policies more madsehodented The Agricultural Agreement does allow governments some - exibility to continue protecting their domestic agricultural industries with tariffs, quotas, and subsidies, but it limits the types of protectionist policies that can be used. Consider a WTO member country with high tariffs and subsidies to protect its domestic agricultural industry. What would happen if that country lowered its tariffs on imported agricultural goods and cut back its subsidies? Name one potential benet for the country's domestic economy, and one potential drawback or loss