Business, 08.01.2020 07:31 moneyshi68

Farmers in developing countries claim that the united states government, through farm subsidies, is responsible for the artificially low global price of wheat. because the u. s. government buys whatever wheat american farmers are unable to sell on the open market, american farmers have no incentive to modulate the size of their crops according to the needs of the global market. as a result, american farmers routinely produce more wheat than the global market can absorb and the global price of wheat is kept low. without these subsidies, the farmers in developing economies claim, american farmers would produce only the amount of wheat that they could sell on the open market and the global price of wheat would rise.

which of the following, if true, most weakens the claims of the farmers in developing countries regarding the price of wheat?

(a) wheat that is not processed for consumption can be used for certain industrial applications.
(b) non-governmental buyers of wheat and wheat products are able to predict how much wheat they will need several years in advance.
(c) the united states government offers similar subsidies to soybean farmers, though the global price of soybeans is significantly higher than that of wheat.
(d) other countries, such as canada and russia, are likely to produce more wheat if the united states were to reduce its output.
(e) the price of sorghum, a crop for which the united states government offers no subsidies, is lower than that of wheat.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 23:30

As manager of kids skids, meghan wants to develop her relationship management skills. in order to do this, she learns how to

Answers: 2

Answer

Business, 22.06.2019 06:50

On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has been issued in a prior period at $20.00 per share. on february 1, vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on march 1. the journal entry to record the purchase of the treasury shares on february 1 would include a credit to treasury stock for $90,000 debit to treasury stock for $90,000 credit to a gain account for $112,500 debit to a loss account for $112,500

Answers: 3

Answer

Business, 22.06.2019 09:40

Alpha industries is considering a project with an initial cost of $8 million. the project will produce cash inflows of $1.49 million per year for 8 years. the project has the same risk as the firm. the firm has a pretax cost of debt of 5.61 percent and a cost of equity of 11.27 percent. the debt–equity ratio is .60 and the tax rate is 35 percent. what is the net present value of the project?

Answers: 1

Answer

Business, 22.06.2019 11:10

Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy.b. this is a negative response strategy.c. this is a response strategy for either positive or negative risk known as contingency planning.d. this is a response strategy for either positive or negative risks known as passive acceptance.

Answers: 2

Answer

You know the right answer?

Farmers in developing countries claim that the united states government, through farm subsidies, is...

Questions