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 Decade: 1990-1999
 Year: 1992
 Collection: Congressional Research Service Reports
The Economics of Agricultural Policy

The Economics of Agricultural Policy

Date: February 20, 1992
Creator: Carr, A. Barry
Description: An English Act of 1663 imposed a duty on grain imported from abroad whenever the domestic price was below a legislatively set price floor. The English farmer enjoyed a virtual monopoly in the domestic market. By the same token, he was allowed to export grain whenever the domestic price exceeded the price floor, and, after 1673, was granted a bounty (subsidy) on grain exports.
Contributing Partner: UNT Libraries Government Documents Department