Macroeconomics
Macroeconomics
13th Edition
ISBN: 9780134735696
Author: PARKIN, Michael
Publisher: Pearson,
Question
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Chapter 7, Problem 15APA

(a)

To determine

What affect would the increased use of corn to produce biofuel will have on the world price of corn.

(a)

To determine

What affect would the increased world price have on the poor corn-producing countries that have comparative advantage in producing corn.

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