What do you think is the most equitable and fair way to deal with the issue...

What do you think is the most equitable and fair way to deal with the issue of subsidies and the global market for cotton?

Expert Solution

As we know that, a subsidy is a benefit given to an individual, business, or institution, usually by the government. The subsidy is typically given to remove some type of burden, and it is often considered to be in the overall interest of the public, given to promote a social good or an economic policy. The subsidies are also given to certain agricultural fertilizers, household used items etc. It increases the welfare of some people at the cost of others.

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Rahul Sunny answered 8 months ago

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