Agriculture

The Negative Consequences of Agricultural Marketing Boards

In order to promote a change of agricultural policy, we briefly review the cases of countries that have abolished or are in the process of abolishing quota systems: the buyback and abandonment of milk quotas in Australia, of tobacco and peanut quotas in the United States, the elimination of milk quotas in Switzerland and the beginnings of a process of abandonment of milk quotas in Europe. Canada could follow these examples by abandoning mandatory membership in marketing boards and by imposing a temporary tax to buy back farming quotas.

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