The Food for Peace program:
A. Established price supports of 100 percent of parity
B. Restricted American exports by restricting shipments to specific communist nations
C. Expanded American exports by permitting less-developed countries to buy American surplus products with their own currencies
D. Provided job training to farmers and farm workers who move to urban areas seeking employment
C. Expanded American exports by permitting less-developed countries to buy American surplus products with their own currencies
You might also like to view...
When a profit-maximizing firm in a competitive market has zero economic profit, accounting profit
a. is negative. b. is at least zero. c. is also zero. d. could be positive, negative or zero.
The laissez-faire system relies on the price mechanism to allocate resources.
Answer the following statement true (T) or false (F)