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Lipsey & Chrystal: Economics 11e

Chapter 04

A story about tea shows another example of over supply leading to lower prices, very similar to the case study on coffee on pages 80-1.
The Times, Wednesday, July 25, 2007
business.timesonline.co.uk/tol/business/money/consumer_affairs/article2134463.ece

There has been a flood of articles about higher grain and other food prices since November 2007. Here are just some:
Financial Times, 1 December 2007
search.ft.com/ftArticle?queryText=World+food+price+rises+set+to+hit+consumers&y=3&aje=true&x=13&id=071217000167&ct=0
Financial Times, 27 November 2007
search.ft.com/ftArticle?queryText=Soyabeans+to+stoke+food+price+inflation&y=7&aje=false&x=3&id=071129000173&ct=0
Financial Times, 30 January 2008
www.ft.com/cms/s/0/1f373678-ced5-11dc-877a-000077b07658.html
Financial Times, 6 February 2008
www.ft.com/cms/s/0/ff4d003a-d457-11dc-a8c6-0000779fd2ac.html
Financial Times, 18 January 2008
search.ft.com/ftArticle?queryText=Soaring+soyabean+price+stirs+anger+among+poor&y=10&aje=true&x=10&id=080118000292&ct=0
The Times, 18 December 2007
business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article3065334.ece