Questions: The sugar quota in the United States creates winners and losers. The winners are and the losers are

The sugar quota in the United States creates winners and losers. The winners are and the losers are
Transcript text: The sugar quota in the United States creates winners and losers. The winners are $\qquad$ and the losers are $\qquad$
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Solution

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The answer is the second one: U.S. sugar producers, U.S. sugar consumers.

Explanation for each option:

  1. Foreign sugar consumers, foreign sugar producers: This option is incorrect because the sugar quota in the United States primarily affects domestic markets. Foreign sugar producers might be negatively impacted by the quota as it limits their ability to sell in the U.S. market, but foreign consumers are not directly affected by U.S. quotas.

  2. U.S. sugar producers, U.S. sugar consumers: This is the correct answer. U.S. sugar producers are the winners because the quota limits competition from foreign producers, allowing them to sell their sugar at higher prices. U.S. sugar consumers are the losers because they have to pay higher prices for sugar due to the reduced competition and limited supply.

  3. U.S. sugar consumers, U.S. sugar producers: This option is incorrect because it reverses the roles of winners and losers. U.S. sugar consumers are not winners; they face higher prices due to the quota. U.S. sugar producers benefit from the quota, not lose from it.

In summary, the sugar quota in the United States benefits U.S. sugar producers by protecting them from foreign competition, while it harms U.S. sugar consumers by leading to higher prices.

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