Economics, Winning Bolivias Drug War

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Issue:

Miscellaneous

 

Written by:

Cynthia R

 

Date added:

April 1, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 622

 

Was viewed:

4036 times

 

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Essay content:

Second, Colombians began growing more of their own coca and, as a result, now buy less from Bolivia than in the past. I am proposing that the basic principles of supply and demand are what helped to solve the drug problem. The following paragraphs will support my argument. Figure 1 shows the supply and demand curves before and after the changes occurred in Bolivia...
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As you can see, after the coca plantations were raided, the supply of cocaine was cut short, thus shifting the supply curve to the left. Also, because Colombians began growing their own coca, demand decreased for the cocaine from Bolivia, shifting the demand curve to the left also. To sum up, supply decreased from S to S1, because of the raids, and demand decreased from D to D1 because Colombians began to grow their own coca and didn't need to rely as much on Bolivia...
displayed 300 characters

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