Do you think this system is necessary to protect consumers


a. Is the Korean regulation a valid consumer protection law?

b. Do you think this system is necessary to protect consumers from fraudulent misrepresentation of the country of the origin of the beef?

c. Does it matter that scientific methods are available to determine the country of origin of the beef?

d. How do you think the dual system might affect the prices of imported beef versus domestic beef?

e. Assuming that countries have the right to protect consumers from deception, what other method might be available to accomplish this goal?

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Finance Basics: Do you think this system is necessary to protect consumers
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