WTO makes progress in cutting farm subsidies

[Lawrence of Arabia]

How can you get the world price without a model of the world market?

you can graph the world price on a domestic model. its common sense. in a country that domestically subsidises its product, you knwo that the world price is below the original domestic made goods.

[Kidlicious]

Originally posted by Lawrence of Arabia
you can graph the world price on a domestic model.

The price is transfered from the world graph. You can't just assume some constant price when the issue is the world market, not the domestic.

[Bereta_Eder]

Originally posted by Kuciwalker


I don't quite see the connection between the two

Just looked a good opportunity to bring it up

[Lawrence of Arabia]

The price is transfered from the world graph. You can't just assume some constant price when the issue is the world market, not the domestic.

yes you can because the domestic production compared to world is small.

[Japher]

Happy birthday Kid.

[Lawrence of Arabia]

[Kidlicious]

Originally posted by Lawrence of Arabia
yes you can because the domestic production compared to world is small.

The subsidies aren't even for one nation alone. Of course you have to have a world model. What do you have against it anyway? Is it telling you something you don't want to know?

Thank you guys for the birthday wish.

[Lawrence of Arabia]

The subsidies aren't even for one nation alone. Of course you have to have a world model. What do you have against it anyway? Is it telling you something you don't want to know?

but you dont know at what levels other o****ries subsidize their goods at, nor what their original market prices are, so you cannot include them on the same curve you need to look at them seperate.