Assignment 2
Disclaimer: This is a machine generated PDF of selected content from our databases. This functionality is provided solely for your convenience and is in no way intended to replace original scanned PDF. Neither Cengage Learning nor its licensors make any representations or warranties with respect to the machine generated PDF. The PDF is automatically generated "AS IS" and "AS AVAILABLE" and are not retained in our systems. CENGAGE LEARNING AND ITS LICENSORS SPECIFICALLY DISCLAIM ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING WITHOUT LIMITATION, ANY WARRANTIES FOR AVAILABILITY, ACCURACY, TIMELINESS, COMPLETENESS, NON-INFRINGEMENT, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. Your use of the machine generated PDF is subject to all use restrictions contained in The Cengage Learning Subscription and License Agreement and/or the Gale In Context: Biography Terms and Conditions and by using the machine generated PDF functionality you agree to forgo any and all claims against Cengage Learning or its licensors for your use of the machine generated PDF functionality and any output derived therefrom.
BRAZIL FEARS AGRICULTURE PROTECTIONISM AMID PANDEMIC. Date: May 4, 2020 From: States News Service Publisher: States News Service Document Type: Brief article Length: 273 words Content Level: (Level 5) Lexile Measure: 1590L
Full Text: CHICAGO, IL -- The following information was released by the Institute of Food Technologists (IFT):
Brazilian officials expect the coronavirus outbreak to spark a rise in global agricultural protectionism as countries seek to secure local food supplies, according to a draft report from the agriculture ministry seen by Reuters.
May 4, 2020
Brazilian officials expect the coronavirus outbreak to spark a rise in global agricultural protectionism as countries seek to secure local food supplies, according to a draft report from the agriculture ministry seen by Reuters.
The report flags a range of concerns related to "agriculture nationalism," including the possibility of countries imposing export restrictions, subsidies, and other policies to favor domestic agriculture industries. The concerns emerged during the ministry's recent consultations with 23 agricultural attachs stationed in Brazilian diplomatic outposts around the world.
Brazil has become an agricultural powerhouse in recent decades on the back of globalization. The country is the largest exporter of soybeans, sugar, coffee, orange juice, chicken, and beef, and is a fierce competitor with the U.S. farm sector in several products.
The draft report says there is likely to be more state intervention in agricultural markets going forward. In some cases, countries will ease restrictions when there is a fear of food shortages only to "return to elevated levels of protectionism and subsidies when convenient, to stimulate domestic industry," it says."About subsidies specifically, there is the risk the pandemic will be used as an excuse for them to be deployed at disproportionately elevated levels," the report adds.
Brazil must press to make sure that any measures opening up trade are not reversed after the pandemic ends, it says.
Copyright: COPYRIGHT 2020 States News Service Source Citation (MLA 8th Edition) "BRAZIL FEARS AGRICULTURE PROTECTIONISM AMID PANDEMIC." States News Service, 4 May 2020, p. NA. Gale In Context:
Biography, https://link.gale.com/apps/doc/A622899155/BIC?u=cumberlandcol&sid=BIC&xid=28456784. Accessed 29 Sept. 2020.
Gale Document Number: GALE|A622899155