Question
Which of the following statements about the export ban on non-basmati white rice is correct? 1. The ban was imposed in July 2023 to control domestic prices. 2. It was lifted in September 2024 with no conditions attached. 3. A minimum export price of $490/tonne was set after the ban was lifted.
Solution
The ban was lifted with conditions, including a minimum export price of $490/tonne.
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