Which most accurately describes The Farm Security and Rural Investment Act of 2002?
A) It continued the subsidies tied to farm prices that comprised the major share of transfers to farmers.
B) It totally eliminated direct subsidies to farmers, because they are more likely to distort production decisions.
C) It continued large subsidies to American farmers, which makes the US very different from most industrialized nations, which offer few agricultural subsidies and whose farmers are in a competitive market.
D) It drastically reduced both direct subsidies and subsidies tied to farm prices.
Correct Answer:
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