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Removal of agricultural tariffs could lead to global gains in welfare of over $56 billion

by Jayson Beckman and Sara Scott
6/7/2021

International Markets & U.S. Trade
U.S. Agricultural Trade
Macroeconomics & Agriculture
Trade Policy & World Trade Organization (WTO)

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A horizontal bar chart showing how the removal of global agricultural tariffs would increase consumer welfare in most regions studied, with EU showing the most gains, and China showing the greatest loss.

Removal of agricultural tariffs could lead to global gains in welfare of over $56 billion

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