TAMU Increase in Price Affecting Trade Discussion
Description
Instructions: Write in the space provided. 350 words maximum. Tables and references are not included in the word count. Do not upload anything. Do not write in the Comments section. 10 points will be deducted for uploading or writing in the Comments section.
Background: On April 5, 2022, the UN Secretary-General Antonio Guterres stated in the Security Council that the conflict in Ukraine will increase the prices of food, energy and fertilizer affecting up to 1.2 billion people in 74 countries.
Question/Task: How will the increase in price affect U.S. trade in food, energy, and fertilizer? Explain. Conduct research on your own. Justify arguments with data.
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