Food policies have become a highly complex issue globally. Some perceive that a nation should focus mainly on the internal supply chain to keep prices under control and feeding excessively poor citizens, I personally strongly contend them due to financial factors. This essay will delve deeply into both the opinions to underpin my perspective.
To begin with, exploring the global market is more profitable for agricultural producers because they can get a better value for their products there as compared to selling locally, where the demand is usually dominated by the production during peak seasons. Secondly, it provides a healthy chance to earn some foreign currency to cover trade deficits for a country and strengthen its economy. For instance, according to recent empirical data presented by Indonesian government, it has achieved surplus international trade target due to earning billions through exporting rice and maize to middle east nations in return to fossil fuels. Therefore, exporting food and grain is economically beneficial for business point of view.
On the other hand, banning export of farming products is widely considered in the favour of local consumers as it enables them to buy these essential edible goods at a reasonably low price due to more availability than demand. For example, bread and milk have been de-priced by 2%in the UK since the authorities prohibited export to other European nations. Moreover, there are some homeless hungry people in every society and it is recognised as the first priority of a state to feed its own citizens rather than dispensing anywhere elsewhere for monetary benefits. In this way, considering local buyers and the ethical duty of the bureaucracy, they ought not to be exporting edible farming produce.
In the end, looking at both the sides, although a state is bound to maintain healthy food storage for internal customers, economically, it is good to access foreign markets
Food policies have become a
highly
complex issue globally.
Some
perceive that a nation should focus
mainly
on the internal supply chain to
keep
prices under control and feeding
excessively
poor citizens, I
personally
strongly
contend them due to financial factors. This essay will delve
deeply
into both the opinions to underpin my perspective.
To
begin
with, exploring the global market is more profitable for agricultural producers
because
they can
get
a better value for their products there as compared to selling
locally
, where the demand is
usually
dominated by the production during peak seasons.
Secondly
, it provides a healthy chance to earn
some
foreign currency to cover trade deficits for a country and strengthen its economy.
For instance
, according to recent empirical data presented by Indonesian
government
, it has achieved surplus international trade target due to earning billions through exporting rice and maize to
middle east
nations in return to fossil fuels.
Therefore
, exporting food and grain is
economically
beneficial for business point of view.
On the other hand
, banning export of farming products is
widely
considered in the
favour
of local consumers as it enables them to
buy
these essential edible
goods
at a
reasonably
low price due to more availability than demand.
For example
, bread and milk have been
de-priced
by 2%in the UK since the authorities prohibited export to other European nations.
Moreover
, there are
some
homeless hungry
people
in every society and it is
recognised
as the
first
priority of a state to feed its
own
citizens
rather
than dispensing anywhere elsewhere for monetary benefits. In this way, considering local buyers and the ethical duty of the bureaucracy, they ought not to be exporting edible farming produce.
In the
end
, looking at both the sides, although a state
is bound
to maintain healthy food storage for internal customers,
economically
, it is
good
to access foreign markets