Price supports:
A. decrease pollution because participants must practice organic farming.
B. neither increase nor decrease environmental pollution.
C. increase pollution because supports encourage the cultivation of marginal land and the use
of more pesticides and fertilizers.
D. discourage rent-seeking activity.
Answer: C
Economics
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One feature of the GATT and now the WTO is that all member nations get the same treatment from their trading partners in terms of trade rules and restrictions. This provision is called:
a. beggar thy neighbor. b. the good neighbor policy. c. rotating obligations. d. most favored nation status.
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The marginal tax rate from the food stamp program is _____
a. zero b. 10 percent c. 20 percent d. 30 percent
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