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Politics : Foreign Affairs Discussion Group

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To: Nadine Carroll who wrote (23592)4/5/2002 12:05:23 PM
From: Win Smith  Read Replies (2) of 281500
 
For a boycott to work, it needs to achieve a sustained higher price, and with the market in glut, LOL.

First, you seem to be assuming that for an Arab boycott, to "work", it would need to be in the long term economic self interest of the mideast producers. Given your usual "Arab mind" view of rationality in that region, I find that an amusing assumption on your part.

Second, the idea of a "market glut" in the face of a real boycott seems to be considerably more hypothetical than the boycott idea itself. The marginal production changes that would turn glut to shortage is pretty minor compared to mideast production. Long term, there are plenty of alternatives available. Short term, it would be ugly.
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