Who would make a greater effort lobbying for trade reduction

Reference no: EM13212983

The Japanese people currently pay about four times the world price for rice. If Japan removed its trade barriers so that Japanese consumers could buy rice at the world price, who would be better off and who would be worse off: Japanese consumers or Japanese rice farmers? If we added all the gains and losses to the Japanese,would there be a net gain or net loss? Who would make a greater effort lobbying for or against this reduction in trade barriers: Japanese consumers or Japanese rice farmers?

Reference no: EM13212983

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