Community College US Corn Subsidies Said to Damage Mexico Questions

Question Description

Answer each question with a total 500 words. Paper needs to be a total of 1500. APA style with in-text citations and reference page at the end for all sources.

1.The most common example of a market with the perfect competition is agriculture. How could farm subsidies distort a model of perfect competition? Explain.

2.American corn farmers receive billions of dollars in taxpayer subsidies each year. These subsidies allow them to sell their grain at prices below what it costs to produce it, particularly for export markets. How do U.S. corn subsidies hurt Mexican farmers?

3.Summarize the arguments both in favor of and against eliminating farm subsidies. After your evaluation, where do you stand on this issue and why?

Helpful links for info:
http://grist.org/food/our-crazy-farm-subsidies-exp…

http://www.bloomberg.com/graphics/2015-farm-bill/

http://www.economist.com/news/united-states/216431…

These first three selections are included within the Points of View Reference Center database which the CCBC library subscribes to and can be accessed through the following URL that can be pasted into a browser window.

Farm Subsidies: An Overview

Ford, A., & Flynn, S. I. (2019). Farm Subsidies: Overview. Points of View: Farm Subsidies, 13.

Point: Farm Subsidies Are no Longer Necessary

Lee, D., & English, M. (2019). Point: Farm Subsidies Are No Longer Necessary. Points of View: Farm Subsidies, 2.

Counterpoint: Farm Subsidies Are Needed for American Farmers

Goldmark, S. M., & Grant, R. A. (2019). Counterpoint: Farm Subsidies Are Needed For American Farmers. Points of View: Farm Subsidies, 3

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