Why this ban which caused u.s. corn exports to fall

Reference no: EM131346874

In December 2000, Japan reported that test shipments of U.S. corn had detected StarLink, a genetically modified corn that is not approved for human consumption in the United States. As a result, Japan and some other nations banned U.S. imports. Use a graph to illustrate why this ban, which caused U.S. corn exports to fall 4%, resulted in the price of corn falling 11.1% in the United States in 2001-2002.

Reference no: EM131346874

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