Sugar Daddy: Quotas and the U.S. Government Case Solution
The American government has managed a price support plan to help sugar beet and sugar cane producers and processors since 1981. This sophisticated software operates through a mix of duties, import quotas, and loans. Because of this, sugar prices in America are higher than world prices.
The General Accounting Office estimates the overall price to consumers is $1.9 billion a year. This case uses an easy demand-and-supply framework with real world information to evaluate the economical and political effects of the U.S. sugar plan.
This is just an excerpt. This case is aboutĀ GLOBAL BUSINESS
PUBLICATION DATE: January 01, 2004