Analyze the impact of NAFTA on Mexican corn farmers. Why did so many Mexican corn farmers lose their livelihoods as a consequence of NAFTA?(1 point) Responses Changes in consumer food preferences from corn toward wheat reduced demand. Changes in consumer food preferences from corn toward wheat reduced demand. Mexican farmers could not compete with government-subsidized U.S. corn. Mexican farmers could not compete with government-subsidized U.S. corn. Manufacturing jobs that processed the corn left Mexico for the U.S. due to lower wages, reducing the need for Mexican-grown corn. Manufacturing jobs that processed the corn left Mexico for the U.S. due to lower wages, reducing the need for Mexican-grown corn. NAFTA gave subsidies to Mexican corn farmers to increase production, which flooded the market.
The correct response is:
Mexican farmers could not compete with government-subsidized U.S. corn.
This is the main reason why many Mexican corn farmers lost their livelihoods as a consequence of NAFTA. The U.S. government heavily subsidizes its corn industry, which allows American farmers to produce corn at lower costs compared to Mexican farmers. As a result, Mexican corn farmers found it difficult to compete with the cheap U.S. corn imports flooding the Mexican market, leading to a decline in demand for Mexican-grown corn and a loss of income for many farmers.