U.S.sugar import quotas have existed for more than fifty years and preserve about half of the U.S.sugar market for domestic producers.Why does the United States continue to have these quotas?
A)to reduce competition for its domestic sugar industry
B)to increase the cost of sugar
C)to control the supply and demand for sugar
D)to support a mass market for sugar
E)to improve the promotion of sugar

Question

Quizplus · Accepted Answer

The quotas exist to reduce competition for the domestic sugar industry by limiting the amount of foreign sugar that can enter the U.S. market. This helps to maintain prices and support domestic sugar producers.

USSugar Import Quotas Have Existed for More Than Fifty Years