Oct 5, 10 •
242 Views •
Demand, Supply, and Markets, Developing Economies, International Trade and Finance •
Elaine Schwartz •
The kimchi mini-crisis is a perfect tale of supply and demand. Kimchi, “a fiery cabbage-based staple of Korea,” is typically made from “seasoned, fermented napa cabbage”. Farmers supply the napa cabbage for kimchi and demand comes from
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