‘Eat Local ‘ Government Advertising Domestic Produce
Why would a government encourage consumers to ‘buy local’?
What impact would this have on the demand / supply diagram for these products?
How could this be considered a form of protectionism?
IB Economics: Why might a government introduce this together with certain price controls (such as a minimum price / Buffer stock programme)?
| Print article | This entry was posted by James Penstone on November 9, 2010 at 11:10 am, and is filed under Economics, IB Economics, IGCSE Economics, Microeconomics. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
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