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Malawi restricts trade in corn (Optional)
» Practice Questions
1. As a result of the trade restrictions placed on corn in Malawai, the price of corn
remains relatively constant throughout the year
is highest in the months before the harvest
is highest during the corn harvest
2. The government of Malawi has exacerbated price spikes in the corn market. Which of the following measures is counterproductive in alleviating price spikes?
a. price controls
b. import and export bans
c. both a. and b.