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The Venezuelan Government's Application of Government Price Controls on Value

Question 31

Multiple Choice

The Venezuelan government's application of government price controls on value priced,fresh ground coffee exports resulted in ________________________.


A) a shortage of premium priced and flavored coffees
B) a decrease in the price of value-priced coffee
C) a shift to sales of expensive, non-regulated coffee types
D) an increase in sales of value-priced coffees

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