VOICED : Thailand tipped to retake crown as worlds top rice exporter

The video discusses the challenges faced by Thai rice farmers due to a controversial rice buying scheme that led to financial difficulties and stockpiles. The scheme was scrapped by the current government, which has since provided financial support to farmers. The video also covers the recovery of rice exports and the importance of rice to Thailand's economy. Farmers hope for better prices and long-term government measures to ensure sustainable farming.

What was one major consequence of the controversial rice buying scheme in Thailand?

• Rise in local rice prices

• Decrease in rice quality

• Huge stockpiles of rice

• Increased foreign investment

What financial issue did farmers face after the scheme was scrapped?

• Debt accumulation

• Increased savings

• Lower production costs

• Higher export taxes

How did the government attempt to manage the rice stockpiles?

• By exporting them at high prices

• By distributing them locally

• By selling them cheaply

• By increasing storage facilities

What recent financial aid did the government announce for rice farmers?

• $1.2 billion one-off payment

• $2 billion loan program

• $500 million annual subsidy

• $750 million export incentive

What is the significance of rice to Thailand's economy?

• It is only consumed locally

• It is the staple food for billions

• It has no impact on the economy

• It is a minor export product