httpswwwyoutubecomembedyiUklHRv4rI
Since rice is not sold, the country buys rice instead
Korean rice is much more expensive than overseas rice, so it is not competitive, but if it is not competitive, it is naturally eliminated and forced to feed other industries, it will only reduce taxes
The government is imposing a 513 tariff on rice imported from abroad to make us buy Korean rice
For example, if a kilogram of U.S. rice is 100,000 won, it is actually said not to eat foreign rice, which requires a total of 613,000 won by imposing a tariff of 513,000 won
It’s like the U.S. government buying an iPhone for Apple in the U.S
The Japanese government’s massive purchase of PlayStation in case Sony goes bankrupt in Japan
What’s the difference from this?
In a free market economy, businesses that are not competitive are naturally eliminated
For your information, the price of U.S. rice is one-eighth that of Korea
The cost of producing rice per hectare in California is 170,000 won, but in Korea, it is 530,000 won;
Considering GDP, Korean rice is just a crazy profiteering level