Another article that could use some more economics education
the article indicates that the foreign milk industry is more developed and that the Ukrainian milk industry is outdated, and that therefore the agricultural producers need subsidies.
Two questions are obvious here - first, is it necessary for a country to have a local milk industry - what's wrong with importing milk? I don't see any clear reason why one could not import milk
Second, are subsidies for agricultural producers a good way to help the milk industry if one thinks that it's important to have a good local milk industry? I guess it would make more sense to stimulate investments in the milk industry so it can upgrade its production process.
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