CASE STUDY "Price of Pinoy Tasty Seen to go up" The price of pinoy tasty (sliced loaf of bread made of cheaper flour) may go up by 10 to 15 percent effective this month due to higher cost of flour

The case study presented in the question essentially highlights the possible economic impact of the imposition of a higher tariff by the Department of Agriculture(DOA) under the government of Phillipines on the import of Turkish flour on the price of Pinoy tasty in the Philippines. A potential or possible imposition of tariff on the import of Turkish flour by the Philippines government would lead to an increase in the price of imported Turkish flour, which is an essential ingredient or raw material used for the production of the Pinoy tasty in the Philippines thereby causing concern for the local producers and sellers of Pinoy tasty in the Phillipines. As a consequence, the price of the Pinoy tasty is also expected to rise as the price transmission effect of an increase in tariff by DOA on Turkish flour import. As pointed by the presidential spokesperson and various Millers Association, the pending tariff increase on Turkish flour import by the Philippines could have an adverse economic impact on the price of the local Pinoy tasty bread which would have an undesirable economic welfare impact on the local consumes of the tasty bread in the local or domestic market in the country. However, the expected timeline of the tariff increase or hike in import duty has not been clearly specified by the government officials which raises further concerns regarding the specific timeline of the possible price hike of the tasty bread in the local Phillipino market. As mentioned by the Philippine Association of Flour Millers (PAFMIL), the overall export of Turkish flour has increased substantially since 2011 and the export price of the flour has decreased during the last year.

Therefore, in light of the main content and overview of the case study presented in the question, the main research or empirical issue or problem would be the adverse or undesirable economic impact or consequence of a possible increase in the tariff on Turkish flour import on the price of the Pinoy tasty in the domestic or local market in the Philippines. Now, in this regard, based on the main economic issue or problem highlighted or pointed out in the case study, the primary or main empirical or research objective would be to analyze or assess the potential economic impact of a possible increase in the tariff by the Philippine government on Turkish flour import on the price of the Pinoy tasty bread in the domestic or local market in Philippines.

Now, on the basis of an empirical analysis on the economic impact of a tariff increase on the import of Turkish flour by the Phillipine government on the price of the Pinoy tasty in the country, the alternative courses of actions could essentially refer to the alternative measures or policies to the imposition of a tariff increase on Turkish flours that the government of Philippines or the DOA can implement in order to prevent any possible price hike of the Pnoy tasty bread or products in Phillipines and at the same time appropriately address the economic interests and welfare of the local flour producers and manufacturers in the county. Therefore, the alternative measures or policies by the government would be mainly intended to provide or ensure an optimal economic solution that would raise or maximize the economic welfare of all the concerned economic agents or entities, in this instance. As the conclusion of the empirical or research analysis, some of these alternative policies or measures can be explored in further detail and stated as recommended alternatives to the proposed tariff increase on the import of Turkish flour by the country. These alternative recommendations or possible policy measures again should be based on a thorough empirical or research analysis on the concerned topic and the economic welfare impacts on all the concerned economic entities or agents involved in the concerned matter or issue presented in the case study.

The research or empirical analysis of the economic impact of the tariff increase by DOA or the government of Phillipines would expectedly involve a thorough and comprehensive empirical research procedure or method including data or information collection on the research problem or issue, proper and adequate organization and analysis of the data or information collected, employing various appropriate data analysis methods or approach, evaluating the research or empirical findings or results of the research, and recommending appropriate and relevant alternative policy measures by the government that would generate economically optimal outcomes, in this context. Thus, the overall empirical analysis needs to follow a definite and systematic plan of action or a research plan that would lead to empirically valid research outcomes and results. This is an extremely imperative step of the research process which could determine the validity of the research estimations and results that could potentially determine the planning and effectiveness of any alternative policies that can be undertaken by the government in this instance with the main objective to prevent any undesirable economic welfare impact of a tariff increase on Turkish flour import on the domestic Pinoy tasty market in Philipines.