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The Rice Tariffication Law supposedly ensures food security by liberalizing rice imports and making farming globally competitive. However, Filipino farmers see it as a threat
The Rice Tariffication Law supposedly ensures food security by liberalizing rice imports and making farming globally competitive. However, Filipino farmers see it as a threat to their livelihood. Using your knowledge on resource demand and supply, do you agree with the farmers? Explain your answer. (15 points: Theories used 10 points, explanation, and examples 5 points)
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