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Unformatted text preview: ext 12 months.
The report also notes that stockpiling and export bans are
definitely possible for the end of 2012 and 2013 as govern
ments try to protect consumers from rising food prices. Rab
obank suggests that such efforts will be counterproductive and cause even higher spikes in commodity and food price
Why is price elasticity of meat and corn low in the w
estern world compared (and other developed countries) com
pared to countries with lesser income?
The Arab Spring was a wave of revolutionary demons
trations and protests in the Arab world beginning in 2010.
How is the price elasticity of food (especially grain) relate
d to such protests?...
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This document was uploaded on 02/22/2014 for the course EOSC 114 at The University of British Columbia.
- Spring '10