The influence of export limitations on global food prices

Export restrictions have exacerbated an already dire situation, adding to food shortages and rising food costs. These policies have increased costs by 9% or more for important necessities such as wheat, rice, and soybean oil. Continued unfriendly trade practices would amplify the shock and exacerbate worldwide food price inflation.

Photo by Victoria Shes on Unsplash

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VOICEOFSHARK

Hotelier, Blogger, Entrepreneur, Husband, Psychologist and educator.