Agricultural Trade Policy

Agricultural trade policy refers to the government's rules and agreements that influence how agricultural products like crops and livestock are bought, sold, and traded internationally. These policies aim to support farmers, ensure food security, and protect domestic industries, while also facilitating fair trade with other countries. They include measures such as tariffs (taxes on imports), subsidies (financial support to farmers), and trade agreements. Overall, agricultural trade policy impacts prices, supply, and the availability of food both locally and globally, balancing economic growth with farmers' livelihoods and consumer needs.