Word: dunkel
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Dates: during 1990-1999
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...them an advantage over everyone from American wheat growers to Third World farmers trying to produce cash crops for foreign markets. There are fears that unless something is done to break the stalemate, the world will slip into commercial darkness and political tension. Warns GATT's director general Arthur Dunkel: "There will be major negative consequences for social stability and even international peace...
...despite its free-market rhetoric, spends about $8 billion a year to underwrite American farmers. Trade barriers further boost farm income. Quotas keep cheaper foreign sugar, for example, out of U.S. supermarkets, which cost American consumers $1.9 billion in 1987. But these programs would continue almost untouched by the Dunkel proposal, which gives credit for existing U.S. efforts to scale back subsidies...