The sugar import quotas of the U.S.government have tended to increase the market price of sugar, thus reducing the costs to the government of maintaining sugar price supports for domestic growers.

Question

Quizplus · Accepted Answer

The statement is true as sugar import quotas limit the supply of sugar in the U.S. market, which leads to higher prices and reduces the need for the government to provide price support to domestic growers.

The Sugar Import Quotas of the U