Sugar Policy

1.If the U.S. abandoned its sugar policy, what would be the effect on:

A.Sugar industry (World)

B.Who would benefit

C.Who would lose

2.Why are U.S. Trade Policies toughest on the Poor?

3.Why does the U.S. Protect the American sugar industry?

4.Pertaining to comparative advantage, describe what actions you would take on the sugar policy?Would you remove tariffs quotas or keep the policies?Explain argumentatively

5.If free trade was allowed in the sugar industry, explain the effects on the underdeveloped countries that could now export sugar.(Hint...use words like GDP, productivity, standard of living, infrastructure and capital investment)