What will happen to the size of the deadweight loss, International Economics

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What will happen to the size of the deadweight loss

Problem

1. Suppose the United States maintains a price floor for spinach. Why might this policy decrease revenues for spinach farmers?

2. Suppose Colombia maintains a price floor for coffee beans. What will happen to the size of the deadweight loss if the price floor encourages new growers to enter the market and produce coffee?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: What will happen to the size of the deadweight loss

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