Overproduction of farm products in the European Community has been primarily the result of

A) low U.S. tariffs on imports of farm products.
B) subsidies to farmers in the European Community.
C) increasing world trade in agricultural commodities.
D) quotas imposed by the European Community on imported products.

Overproduction

The situation where more goods or services are produced than are demanded, causing prices to drop or resources to be wasted.

European Community

The European Community was a regional organization aimed at integrating its member states economically and politically, serving as a precursor to the European Union.

Subsidies

Financial contributions provided by governments to support businesses, reduce the prices of commodities, or encourage activities beneficial to the public interest.