25 Vietnamese Farmers Switch to Pepper as Coffee Prices Fall The high pepper price and falling coffee
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25 Vietnamese Farmers Switch to Pepper as Coffee Prices Fall The high pepper price and falling coffee price has made Vietnamese farmers replace coffee plants with pepper plants. Analysts fear farmers have used diseased pepper plants which could fail.
Source: VietNam News, 28 May 2016.
a Explain how the market for Vietnamese coffee will change as farmers switch to pepper.
b If pepper plants fail, what could happen to the price of pepper?
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Related Book For
Economics
ISBN: 9781118150122
10th European Edition
Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews
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