Wednesday, June 04, 2008

Unit 3: Protectionism: Korean beef import restrictions

From the BBC comes this interesting video on why Korea resticts USA beef imports

http://news.bbc.co.uk/1/hi/world/asia-pacific/7432752.stm

a) What sort of protectionist measure is Korea using?
b) Why are they imposing this measure?
c) Who in Korea and the USA benefits and suffers from this protectionism?

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