TECHNICAL SUMMARY
MAJOR FACTORS AFFECTING
THE WORLD SUPPLY OF COFFEE
AND THE WORLD DEMAND FOR COFFEE
IN 2011-2012
Factor/event
Consider only one event at a time.
TECHNICAL SUMMARY
MAJOR FACTORS AFFECTING
THE WORLD SUPPLY OF COFFEE
AND THE WORLD DEMAND FOR COFFEE
IN 2011-2012
Factor/event
Consider only one event at a time. Assume all other factors are unchanged Impact on the world supply of coffee Impact on the world demand for coffee 1. For example, severely cold winters in northern Canada (which is the world major exporter of coffee) damaged the crop of coffee beans. The world supply of coffee decreased. Ceteris paribus, a decrease in supply causes the world price of coffee to increase and the quantity of coffee exchanged in the world market to decrease. No impact. 2. 3. 4. 5.
TECHNICAL SUMMARY
MAJOR FACTORS AFFECTING
THE WORLD SUPPLY OF COFFEE
AND THE WORLD DEMAND FOR COFFEE
IN 2011-2012
Factor/event
Consider only one event at a time. Assume all other factors are unchanged Impact on the world supply of coffee Impact on the world demand for coffee 1. For example, severely cold winters in northern Canada (which is the world major exporter of coffee) damaged the crop of coffee beans. The world supply of coffee decreased. Ceteris paribus, a decrease in supply causes the world price of coffee to increase and the quantity of coffee exchanged in the world market to decrease. No impact. 2. 3. 4. 5.
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