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Todd Benson

W.T.O. Rules Against U.S. Cotton Subsidies

Todd Benson | New York Times | June 19, 2004

"If Washington scrapped the subsidies, Brazil estimated, American cotton exports would fall 41 percent and production would drop 29 percent. That, in turn, would lead to a 12.6 percent increase in world cotton prices, helping struggling cotton farmers from Brazil to West Africa." [more]

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