We live in a global economy. If Lativia doesn’t get this grain then they’ll buy / outbid other grain that might have been destined for a poorer country. For any commodities like grain any impact in one place does have a worldwide impact through changing prices.
We live in a global economy. If Lativia doesn’t get this grain then they’ll buy / outbid other grain that might have been destined for a poorer country. For any commodities like grain any impact in one place does have a worldwide impact through changing prices.
Stochastic starvation