I've got a simple question that I think Patric could answer without giving away too much...
To make it simple, let's consider a hypothetical island nation X, a major producer of cotton. Let's say that a powerful nation Z chooses to conquer poor little nation X and to that effect invades the island and blockades its' shores. Now...what would be the effects of such a blockade? Would prices of cotton go up? Would the supply of cotton on the world market decrease?
For a second situation, let's say that the nation Y is located on the same island as the nation X. Would a blockade increase prices and/or decrease cotton availability for nation X, even though it has overland access to nation Y?
For a third situation, let's say that nation Y requires inordinate amounts of cotton for its' industries and to that effect attacks nation X, with which it shares its land borders...would cotton from nation X still be available to the agressor?
Thanks in advance for any response
To make it simple, let's consider a hypothetical island nation X, a major producer of cotton. Let's say that a powerful nation Z chooses to conquer poor little nation X and to that effect invades the island and blockades its' shores. Now...what would be the effects of such a blockade? Would prices of cotton go up? Would the supply of cotton on the world market decrease?
For a second situation, let's say that the nation Y is located on the same island as the nation X. Would a blockade increase prices and/or decrease cotton availability for nation X, even though it has overland access to nation Y?
For a third situation, let's say that nation Y requires inordinate amounts of cotton for its' industries and to that effect attacks nation X, with which it shares its land borders...would cotton from nation X still be available to the agressor?
Thanks in advance for any response
