How does globalization affect food prices?
Globalization affects food prices by increasing competition, improving supply chains, and influencing trade policies.
Can you explain how supply chains are impacted?
Sure! Globalization allows for more efficient supply chains, reducing costs and making food more accessible.
What about the impact on local farmers?
Local farmers may face challenges due to competition from imported goods, which can drive prices down.
Are there any negative effects of globalization on food prices?
Yes, it can lead to price volatility and dependency on global markets, which may hurt local economies.
How can consumers respond to these changes?
Consumers can support local agriculture, buy seasonal produce, and be mindful of their purchasing choices.
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