The Effects of Rice Subsidies in Thailand
I will need you to write a one page executive summary about the attached case study from an economic point of view. And for the rest of the pages, I will need you to answer the following 3 questions from an economic perspective:
1. Why did the rice price scheme exist and what was the outcome?
2. Why is farming a political issue and the focus of government support? What are the pros and cons of
price support?
3. What are the alternative methods of supporting the rice farmers?
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