AMC8 1999 Problem 22

In a far-off land three fish can be traded for two loaves of bread and a loaf of bread can be traded for four bags of rice. How many bags of rice is one fish worth?

Answer Choices
A. \dfrac{3}{8}
B. \dfrac{1}{2}
C. \dfrac{3}{4}
D. 2 \dfrac{2}{3}
E. 3 \dfrac{1}{3}