olethros and I have discussed subsidies, college grants, and fee payment as done by the Irish government on a few occasions lately. I just saw
this on the BBC site - New Zealand did away with subsidies 20 years ago, and the world does not appear to have ended, nor did any farmers starve to death outside the Kiwi houses of governance.
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Well. There is the small matter of trade routes and transport costs being slightly different in configuration here and there.
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I don't have statistics at hand (and cannot be bothered to look up), so I cannot say how it compares to the flow of produce within Europe, where trucks drive from a farm in Belgium to a supermarket in Finland.