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The Rice Market in South Korea

  • by Sunchul Choi, John Dyck and Nathan Childs
  • 9/16/2016
  • RCS-161-01

Overview

Rice is Korea’s staple grain and most important crop. The U.S. was a key supplier of rice to this market in the 20th century and has supplied over a million tons since 2000. A tariff-rate quota now effectively precludes over-quota imports.

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