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Many developed countries unfairly retain agricultural subsidies for their farmers, which hurts farmers in developing countries because
Answer & Solution
Correct answer: A.
1. Subsidies in developed countries lower their producers' costs.
2. World prices of subsidised goods fall, undercutting developing-country farmers.
3. WTO talks have been deadlocked on this issue.
_Source: NCERT Class 10 Understanding Economic Development, Ch 4 "Globalisation and the Indian Economy"_
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