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Coffee Industry (V1)

Official Question Material
Prep: 10 Seconds

Official Audio Prompt

Take the coffee industry. The figures are roughly these. The coffee market in the world is worth about 60 billion. The growers get 5.5 billion. Ten years ago, the market was about 30 billion and the growers got a third of that. What has happened? What has happened is that well-meaning people, Americans, Germans, Europeans, decided that they would help Vietnam. And so they created a coffee industry there, which is now the second-biggest producer in the world. This has serious effects on other countries like Columbia that depend on coffee exports.

Sample Answer & Audio Transcript

Take the coffee industry. The figures are roughly these. The coffee market in the world is worth about 60 billion. The growers get 5.5 billion. Ten years ago, the market was about 30 billion and the growers got a third of that. What has happened? What has happened is that well-meaning people, Americans, Germans, Europeans, decided that they would help Vietnam. And so they created a coffee industry there, which is now the second-biggest producer in the world. This has serious effects on other countries like Columbia that depend on coffee exports.
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