In the U.S.sugar market
A) subsidies costs taxpayers $10 billion per year.
B) California grows the most sugarcane in the country.
C) sugar subsidies cause sugar to be cheaper than high-fructose corn syrup.
D) sugar price ceilings cause regular shortages of sugar.
E) U.S.sugarcane is more expensive than in Canada.

Question

Quizplus · Accepted Answer

U.S. sugarcane is more expensive than in Canada due to protective tariffs and quotas that limit imports, keeping domestic prices higher.

In the U.S.sugar Market