Singapore is one of the leading producers of coffee in the world.However,there are a few companies in Singapore that import coffee from Brazil and India.Which of the following can Singapore establish to promote self-sufficiency?

Question

Quizplus · Accepted Answer

Import quotas would limit the amount of coffee that can be imported from Brazil and India, thereby promoting self-sufficiency in the production of coffee in Singapore. This would encourage local coffee producers to increase production and create a more sustainable coffee industry within the country. Import liberalization (A) would have the opposite effect, allowing for more imports and potentially discouraging local production. Export incentives (B) would not be relevant in this scenario, as Singapore is not a major exporter of coffee. Complementary import policy (D) is too vague to determine if it would be effective in promoting self-sufficiency in coffee production.

Singapore Is One of the Leading Producers of Coffee in the World.However,there