Economics CPD Courses Coming up this Term!- Book Your Places Now!
Those of you who felt angry or let down by the recent proposals for a Pasty Tax, or those that have been imposed on static caravans or toasties (turning the mighty Subway in to a new lobbying organisation) in the UK should spare a thought for the poor French citizens who are potentially about to have a new surcharge placed upon Nutella - that famous hazelnut and chocolate spread.
Unlike the previously mentioned British taxes, which were imposed or proposed to generate revenue or close apparent loopholes, this tax has been put forward for market failure reasons. The tax, of course, is not directly on the brand but upon one of its main ingredients - palm oil. The proposed increase by the French government is nearly 300%. The French are arguing that palm oil is a product with negative externalities - poor for the health of its consumers and a large burden on the health system. There is also a claim that the high production of palm oil in South East Asia has resulted in large-scale deforestation.
Read a short article on the issue at the Huffington Post. The cost of your morning crepe in Brittany may be about to increase!
FOR MORE REVISION SUPPORT FROM THE TUTOR2U TEAM...
Use the following class codes to join our Zondle revision classes:
Economics: AS Micro 290-66327 AS Macro 290-66328 A2 Micro 290-66329 A2 Macro 290-66330
AQA AS/A2 Business: BUSS1 290-66325 BUSS2 290-66326 BUSS3 290-66323 BUSS4 290-66322
Economics CPD Courses in June 2014 - Book Your Places Now!
|PowerPoint Lesson Activities||Teacher Conferences & CPD Courses|
|Exam Coaching & Revision Workshops||Pre-release Case Study Toolkits|
|A Level Economics Teaching Support||Resources for Business Studies|