Answer to Question #177439 in Microeconomics for sam

Question

Why have exports of France’s wine cluster stagnated relative to the U.S. wine cluster and other countries?

Answer 1

Since the main buyers of French wine are restaurants, and during the quarantine, most restaurants are closed, the cluster of consumers has sharply decreased, which led to a decrease in exports. Wine from other countries is not considered a cult, that is, people are accustomed to drinking it at home, which characterizes this product as more affordable.