This topic contains a solution. Click here to go to the answer

Author Question: In November 2012, there was some discussion of several south-Asian countries joining together to ... (Read 166 times)

gboileau

  • Full Member
  • ***
  • Posts: 158
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.


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
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
Wow, this really help


tandmlomax84

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Excellent

 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

For a complete list of videos, visit our video library