according to" the global coffee trade "- Stanford graduate school of business 1. Why does the price of coffee fluctuate so widely?

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter28: International Trade
Section: Chapter Questions
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according to" the global coffee trade "- Stanford graduate school of business

1. Why does the price of coffee fluctuate so widely?
2. How can farmers respond to a chronic oversupply problem? How do policies of
consuming nations impact the potential exporting-country responses?
3. Can supply and demand be overruled by a suitably designed international organization, or
is an organization like the International Coffee Organization doomed to failure?
4. Evaluate the NGOs’ proposals for improving the market. Are they workable?
5. Viewing yourself as a technocrat whose job is to revamp the global green-coffee market
so that it operates more in the growers’ favor, what changes to the rules of the
marketplace and/or national policies would you recommend?

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