Name:_____________________________________ Score:______________

Course/Year/Section:____________________ Date:_______________

Activity 2

Directions: Read the article, “The Philippine Rice Tariffication Law

. Afterwards, answer the following critical questions regarding the
article.

a) Cite the (2) two most important provision under the Rice Tariffication Law. (2-4 sentences each)
1. One of the most important provisions under the Rice Tariffication Law is sec. 1 of R.A. 11203, the
Declaration of Policy, which lays down the policy of State of ensuring food securing and makes our
agriculture globally competitive, it also provides the purpose of the State in enacting the law.
2. Aside from sec. 1, Sec. 13 of R.A. 11203 or the Rice Competitiveness Enhancement Fund is also an
important provision under the law. It provides for the annual appropriation of Rice Fund and which
agency is responsible to do it. It is an important provision because this section shows that there is a fund
allocated to our agriculture inorder to enhance and further develop our rice producing areas.

b) Identify (3) three advantages and (3) three disadvantages of Rice Tariffication Law in the Philippines
Economy. You can research from other articles. (3-6 sentences each)

ADVANTAGES
1.
It protects our local farmers from the
since it will be allocated in agriculture.
The law will benefit our local farmers
minimizing rice competitors.
DISADVANTAGES
1.
The rice imports are cheaper than
those price of the rice will be affected.

2.
It provides financial assistance to our
rice more our agricultural aspect,
encouraging people to still engage in
the business of farming.
2.
The law was enacted to benefit poor
consumers. But according to the recent study,
the law affects the consumers. The data shows
that in 2019, or the uble compared to our
neighbouring countries for a kilo of rice.

3.
It controls rising inflation. Since rice is
one of the main factors that affect
inflation, the law helps limiting the but
it will nonetheless probably help to
solve inflation problem in the
Philippines.
3.
The law removed government limits,
called the quantitative restrictions on rice
importation. Hence, the traders can now bring
unlimite