Economics, Winning Bolivias Drug War
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Title: Economics, Winning Bolivias Drug War

Essay Details:

Subject: Miscellaneous
Author: Travis M
Date: May 21, 2017
Level: University
Grade: A
Length: 3 / 622

Essay text:

Second, Colombians began growing more of their own coca and, as a result, now buy less from Bolivia than in the past. I am proposing that the basic principles of supply and demand are what helped to solve the drug problem. The following paragraphs will support my argument. Figure 1 shows the supply and demand curves before and after the changes occurred in Bolivia. As you can see, after the coca plantations were raided, the supply of cocaine was cut short, thus shifting the supply curve to the left. Also, because Colombians began growing their own coca, demand decreased for the cocaine from Bolivia, shifting the demand curve to the left also...

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