You have just been put in charge of trade policy for Malawi. Coffee is a recent crop
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You have just been put in charge of trade policy for Malawi. Coffee is a recent crop that is growing well and the Malawian export market is developing. As such, Malawi coffee is an infant industry. Malawi coffee producers come to you and ask for tariff protection from cheap Tanzanian coffee. What sorts of policies will you enact? Explain.
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When considering whether to enact tariff protection for Malawis coffee producers several economic and policy factors need to be taken into account The decision should balance the interests of domestic ...View the full answer
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