Developing economies, for example, have a whole decade to cut the value of their export subsidies by 24% and the volume of subsidized exports by 14%.

CENTERFORSECURITYPOLICY: Another Gift to China?

But in democracies that bent can lead to silly policies such as the new government of Thailand's subsidized rice price, designed to aid farmers but imperiling a huge export market with artificially high supply costs.

FORBES: Side Lines