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B Using the diagrams explain what would happen to producer prices within the EU if free trade policy was introduced throughout the world including the EU c If the EU introduced import levies on imports into the EU outline the possible effects of this development for i EU farmers ii Consumers. I ii GDP Labour Force The Income Elasticity of Demand for food in Ireland is low. Explain this statement. Outline the possible advantages and disadvantages for the Irish dairy farmer of abolishing the...
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