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Question 1
A)
On July 1, 1993, the European Union adopted new policies regarding the import of bananas in Europe. The new banana import regime divided banana imports into four categories, and had different policies depending on the category of imports. The four categories of imports were: imports from Latin American countries and other countries that were not in the ACP region (also referred to as “third country” imports); imports from the ACP region under the quota of two million tons (also referred to as “traditional” ACP imports) (i.e. the ACP region consisted mostly of the former colonies of Britain and France); imports from the ACP region in excess of the quota amount (also referred to as “non-traditional” ACP imports); and imports from territories that belonged to European countries (also referred to as EC imports). According to this regime, third country imports would be taxed at a rate of 30%. Third country imports in excess of two million tons would be......

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Approximate Word Count: 1876
Approximate Pages: 8 (250 words per double-spaced page)

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