How do agricultural policies affect food prices?
Agricultural policies can significantly influence food prices by affecting supply, demand, and production costs.
Can you give examples of specific policies that impact prices?
Sure! Subsidies, tariffs, and import quotas are common policies that can raise or lower food prices.
What about the impact of climate change on these policies?
Climate change can alter agricultural productivity, leading to policy adjustments that may further affect food prices.
Are there any recent examples of this happening?
Yes, recent droughts have prompted governments to adjust subsidies, which in turn affected grain prices globally.
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