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Country X Imports Rice from the World Market

Question 40

Multiple Choice

Country X imports rice from the world market. Which of the following policy instruments, if adopted by its government, may result in a switch from rice being imported to being exported?


A) Agricultural price ceiling that includes the government selling any excess production to foreign buyers
B) Division of land holdings
C) Taxing import of agricultural inputs
D) Agricultural price support that includes the government selling any excess production to foreign buyers

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