Economics

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Supply Shocks - Cartels Terrorise Mexican Farmers

20th September 2022

Supply-side shocks come in various forms: droughts, freezes and floods are the sorts of things that you'd associated with agricultural produce. But cartels? Either way, a fall in supply has increased the price of limes.

There's also some fascinating insights into how Persian limes are originally grown from orange seeds.

Supply Shocks - Cartels Terrorise Mexican Farmers

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.