DG - Bannan Wars inequality CASE STUDY Flashcards

1
Q

What are the “banana wars”?

A

Six year trade quarrel between the US and the EU - the US complained that an EU scheme giving banana producers from former colonies in the Caribbean special access to European markets broke free trade rules

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2
Q

How many of Europe’s bananas come from the Caribbean?

A

7%

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3
Q

How much of the EU market is held by US multinationals?

A

Three quarters - the US itself does not export bananas to Europe

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