Trade Policy and Food Security In COVID-19 - Assessment Question

Assignment Details

Read the following documents to answer the questions below in the paper.

• Explain the rationale of rice and wheat export bans (prohibit ALL exports).
• Use economic theory (graphs) to describe the effects in prices, quantities, and welfare effects of these policies in exporting and importing countries.
• Explain how these trade policies compare to those implemented by developing countries and emerging economies during the food crisis of 2008?
• Explain how this experience can help with the trade policy formulation process during COVID-19?

Based on your analysis, provide recommendations for the implementation of trade policies to ensure food security during the pandemic. Make emphasis on how different policies affect the poor and most vulnerable groups of the population and why.

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