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- You have been asked to quantify the effects of removing a country's tariff on sugar.Read the scenario below and answer the questions that follow: Sisal is an abundantly available plant in Limpopo. Some use its dry leaves for firewood, but some use it to create a thread and use that thread for making different kinds of fashionable accessories. A community-based organisation, Heritage Craft, started making sisal handbags and baskets during the COVID-19 lockdown – this was the only way they could pass the time. It is a community of young people, who got inspired by seeing older women adorning themselves with sisal made accessories. This helped them realise that they could make some money out of this. The best break for Heritage Craft came when they decided to display their products at a regional art fair in the city. This is where they met some tourists from China, Indonesia and Korea, who purchased their products to almost stockout – this group of tourists expressed interest in further purchases; they asked the young people if their products were available online. The…Read the scenario below and answer the questions that follow: Sisal is an abundantly available plant in Limpopo. Some use its dry leaves for firewood, but some use it to create a thread and use that thread for making different kinds of fashionable accessories. A community-based organisation, Heritage Craft, started making sisal handbags and baskets during the COVID-19 lockdown – this was the only way they could pass the time. It is a community of young people, who got inspired by seeing older women adorning themselves with sisal made accessories. This helped them realise that they could make some money out of this. The best break for Heritage Craft came when they decided to display their products at a regional art fair in the city. This is where they met some tourists from China, Indonesia and Korea, who purchased their products to almost stockout – this group of tourists expressed interest in further purchases; they asked the young people if their products were available online.…
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