AB299_01_Young_Charlene_7

AB299_01_Young_Charlene_7 - Unit Seven 1 Name: Charlene...

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Unit Seven 1 Name: Charlene Young Course & Section: AB299-01 Unit: 7 Date: April 19, 2011
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Unit Seven 2 Brazil is the effective swing producer of the global coffee market. It is the 5th most widely traded commodity in the world and millions of people depend directly or indirectly on the production and sale of coffee for their livelihoods. The global market for coffee is characterized by volatile prices and production levels which impacts directly on the incomes of producers and prices facing consumers. Coffee is a very good example of such “commodity-dependency” representing, for example, 75% of the total exports of Burundi and 54% in Uganda, and about 22% in the case of Honduras. About 20 to 25 million families produce and sell coffee for their livelihood and most of them are small-scale farmers with limited financial resources and scope to diversify out of coffee production. Exports into the United States are tariff-free, but the United States federal government does support Ecuadorian
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AB299_01_Young_Charlene_7 - Unit Seven 1 Name: Charlene...

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