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Submitted by Ariel on
Hello, You mention in your 5th response: "Longer-term, they need to invest in agriculture and improve their yields, and make sure there’s open trade so they can go to the international markets to smooth these shocks." It seems to me that this is not correct. If the price volatility is coming from abroad (say from droughts and a negative shock to the World supply), connection to the international market will transfer these high prices to the local market. That being said, in the long run farmers might benefit from greater integration to world markets in general, to acquire cheaper inputs and things they can't produce cheaply. I wonder what your thoughts are on this.

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