BSB119 Lecture Notes - Sugarcane, The World Factbook, Aust
Document Summary
Question 1 and 2 are significantly different: question 1 three specific (ownership, control risk, operation transfer) then micro and macro, question 2 - more about economic issues concerned. Question 3 similar to question 1 (expand). Consider things which are inferred in the case study eg stability in exchange rate is a variable. As a result of an un-stable govt, there are severe drops in exchange rate (open to fluctuations: factiva type in political risk in fiji (reference last 7/8 years). Higher food prices impact developing countries in a number of ways: Consumers face grater food insecurity as more and more staples are re-directed to feed stock and great biofuels. Low income earners food is a necessity many low income earners in under developed countries (basic food in developed countries in cereals/grains): large population with lots of low income earners who find food expensive. Purchasing power falls as food prices rise poverty line.
