The 2014 Farm Bill and the WTO
研究了2014年美国农业法案如何通过用与市场价格和产量挂钩的新政策取代直接支付,可能影响WTO合规性,并指出在特定市场条件下可能超出WTO限制。
The 2014 farm bill reduced expected budgetary costs of US farm programs, according to estimates prepared by the Congressional Budget Office. Cost projections are very sensitive to market conditions and program participation assumptions, and stochastic analysis indicates that farm program costs could easily differ from expected values by $5 billion or more in any given year. By replacing direct payments with new policies that make payments tied to market prices and yields, the bill could have important World Trade Organization (WTO) implications. If the new policies are classified as non‐commodity specific amber box support, projections indicate that existing WTO limits on the current Aggregate Measure of Support would not be exceeded on average, but could be under some market conditions. Furthermore, the new policies are very likely to exceed some WTO rules proposed by various parties in the Doha Round negotiations.