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.

Sm Sx ES Pp Pw Po ED Dm Dx I H K J O FG AC BE Trade Implications of a Price Support with Deficiency PaymentsU.S is the low cost producer on the left, China is the high cost producer on the right. The commodity is cotton. Compared to the free trade situation, U.S producers are better off. True 0 False