Market price support definition

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Market price support

Market price support logo #21000 Market price support (MPS) is an indicator, developed by the OECD, used in the calculation of Producer and Consumer Subsidy Equivalents (PSE/CSE). MPS is the annual monetary value of gross transfers from consumers and taxpayers to agricultural producers arising from policy measures creating a gap between domestic market prices and border prices of...
Found on http://en.wikipedia.org/wiki/Market_price_support
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