African roses - a sign of change
Read the article Flowers are sign of economic change in Ethiopia and then answer the questions below. You can either read the article in the window below or you can follow the previous link to read the article in a separate window.
You may also like to read the following article relating to African flowers:
Define the terms:
- social costs
- social benefits
Draw a diagram to show the social optimum in the market for roses.
Compare and contrast the social costs and social benefits (including both private and external costs) of buying roses produced in Europe and those produced in Africa.