Multiple Choice
As a result of U.S. quotas on sugar imports, all of the following are true, EXCEPT:
A) the United States pays about twice the world price for sugar.
B) the gains to American producers are greater than the losses to American consumers.
C) foreign sugar producers-mostly in poor countries-suffer.
D) a small group of domestic sugar producers benefit.
Correct Answer:
Verified
Correct Answer:
Verified
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