Which of the following most supports abolishing the cotton quota over maintaining it?
A)The cotton growers have a competitive edge over foreign cotton growers, and they are profitable.
B)The fabric manufacturer, a prime contributor to the nation's annual revenue, can earn better returns by shifting to another country that does not impose cotton quotas.
C)A competing fabric manufacturer is considering opening a production facility in Zanzi.
D)The price of cotton fabric has remain unchanged over the last decade.

Question

Quizplus · Accepted Answer

Maintaining the cotton quota might lead to fabric manufacturers shifting to other countries that do not have such restrictions. This could negatively impact the country's revenue. Therefore, abolishing the cotton quota would be a better choice to support the textile industry. Option A does not necessarily support abolishing the quota as it highlights the competitiveness and profitability of cotton growers. Option C is irrelevant to the given context. Option D does not have any direct relevance to the cotton quota issue.

Which of the Following Most Supports Abolishing the Cotton Quota