All of the choices are true. Farm subsidies enable industrial nations to export much of their agricultural output at artificially low prices, they are significant in the world's richest nations with a total amount over $300 billion, and they may make it more difficult for less developed nations to purchase capital equipment from U.S. manufacturers.

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Farm Subsidies

Question 204

Multiple Choice

Farm subsidies

A) enable industrial nations to export much of their agricultural output at artificially low prices.
B) in the world's richest nations amount to over $300 billion.
C) make it more difficult for less developed nations to purchase capital equipment from U.S.manufacturers such as Caterpillar.
D) All of the choices are true.

Correct Answer: