IGNOU MVP 3 2017 - Global Trade and food safety

Question

Global Trade and food safety

22 Aug 2018

Answer :

Word Count : 467

Beyond trade policy instruments, the creation of food stocks has also been a common policy response to recent global food crises. However, food stocks often have too many objectives to be truly effective: emergency aid, helping poor consumers in times of food scarcity or in times of high prices, and providing support to producers in order to keep prices at profitable levels. Furthermore, food stocks are costly to maintain and difficult to distribute effectively and fairly.

There are more direct instruments (such as investments in food supplies and agricultural research and development) with which to address supply-side problems; in addition, safety nets and

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