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President Calderón opted for using price ceilings for tortillas that protect local producers of corn. This price control came in the form of a "Tortilla Price Stabilization Pact" between the government and many of the main tortilla producing companies, including Grupo Maseca and Bimbo, to put a price ceiling at MXN 8.50 per kilogram of tortilla. [6]
A related government intervention to price floor, which is also a price control, is the price ceiling; it sets the maximum price that can legally be charged for a good or service, with a common example being rent control. A price ceiling is a price control, or limit, on how high a price is charged for a product, commodity, or service.
Software used: Federal Digital System, U. S. Government Publishing Office: Date and time of digitizing: 19:08, 24 January 2017: File change date and time
The president-elect has said he plans to slap a 25% levy on all goods entering the US from Mexico and Canada. Costco executive warns of price hikes because of Trump tariffs: ‘When it rains, it ...
The U.S. imports approximately 60% of its fresh fruit and 40% of its fresh vegetables. And among the countries of origin for those products, Mexico is the biggest contributor — meaning U.S ...
The Callaghan government in the 1970s sought to reduce conflict over wages and prices through a "social contract" in which unions would accept smaller wage increases, and business would constrain price increases, imitating Nixon's policy in America. [17] Price controls ended with the election of Margaret Thatcher in 1979.
It is a decentralized organ of (and supervised by) the Mexican Secretariat of Health, and is responsible for regulating a variety of health related topics in Mexico, including food safety, pharmaceutical drugs, medical devices, organ transplants, and environmental protection. [1] COFEPRIS headquarters in Mexico City
If you’re stuck on today’s Wordle answer, we’re here to help—but beware of spoilers for Wordle 1269 ahead. Let's start with a few hints.