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Hello I have an agriculture food policy economic question and I am having trouble understanding the concept of the question. Below I have attached the

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Hello I have an agriculture food policy economic question and I am having trouble understanding the concept of the question. Below I have attached the image of the question a long with my answer. Feel free to correct me. The commodity is cotton, and Compared to the free trade situation, U.S producers are better off.

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\f(Pp-Pc)(CE) is the value of the subsidy to US producers O True O False

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