This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In November 2012, there was some discussion of several south-Asian countries joining together to ... (Read 164 times)

gboileau

  • Full Member
  • ***
  • Posts: 158
on: Oct 12, 2022
In November 2012, there was some discussion of several south-Asian countries joining together to restrict the supply of rice to the world market. Between them, these countries' exports of rice account for 40% of the total global trade. What would they be trying to accomplish?
◦ They are attempting to form a cartel, drive other producers out of the world market and then increase their output of rice.
◦ They are attempting to form a cartel, increase their joint output, and control a larger percentage of the total global trade.
◦ They are attempting to price discriminate between consumers of their exported rice, thereby increasing their share of the global trade and increasing their joint profits.
◦ They are attempting to act as a bloc to restrict entry of new producers to the world market, and thereby protect their joint profits.
◦ They are attempting to form a cartel, jointly restrict output, and increase the world price of rice.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by gboileau on Oct 12, 2022

ludadtpb

  • Full Member
  • ***
  • Posts: 175
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


gboileau

  • Member
  • Posts: 158
Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Replica of an Asian elephant's molar, showing upper side. Replica of an Asian elephant's molar, showing upper side.
Cultural Variations in the Strange Situation Across cultures, most toddlers exhibit secure attachme Cultural Variations in the Strange Situation Across cultures, most toddlers exhibit secure attachme
When the United States gets stuck over a controversial issue—usually something a divided Congress ca When the United States gets stuck over a controversial issue—usually something a divided Congress ca
Secession of the South, 1860–1861 Secession of the South, 1860–1861
Imperial Procession (detail), south frieze, Ara Pacis Augustae, Rome. Imperial Procession (detail), south frieze, Ara Pacis Augustae, Rome.
Teen Birthrate from 1990 to 2012 Teen Birthrate from 1990 to 2012
Video: Homologous chromosomes during prophase I - Animation

For a complete list of videos, visit our video library