Farm Programs Such as Those of the United States and the European

question 168

Multiple Choice

Farm programs such as those of the United States and the European Union

• A)are consistent with free world trade in agricultural products.
• B)cause a misallocation of agricultural resources internationally.
• C)cause the United States and the European Union to underproduce, while other nations overproduce, farm products.
• D)raise productivity in developing nations.