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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 24
Circle the letter that corresponds to the best answer. Which statement is the most accurate?
A) The agricultural subsidies paid to American and European farmers have benefited farmers in poorer countries as well.
B) Agricultural subsidies have been largely phased out since the turn of the century.
C) Agricultural subsidies are a matter of great contention between rich and poor nations.
D) Agricultural subsidies are paid by rich nations to poor nations.
A) The agricultural subsidies paid to American and European farmers have benefited farmers in poorer countries as well.
B) Agricultural subsidies have been largely phased out since the turn of the century.
C) Agricultural subsidies are a matter of great contention between rich and poor nations.
D) Agricultural subsidies are paid by rich nations to poor nations.
Explanation
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Subsidies are meant opposite to Tax. Thi...
Macroeconomics 11th Edition by Stephen Slavin
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