Our International Trade theory suggests that there are winners and losers of tariffs and quotas. In regards to the EU common banana policy detail who lost and who benefited? Make sure to think about all the parties affected by the common policy. Also, detail the many politically motivated (lobbying intense) actions that Chiquita took to counteract the EU common policy and analyze why they were not met with greater success in terms of breaking down the imposed trade barriers in the European market. Does the EU have any incentive to listen to the lobbying efforts of a US company based in Latin America?
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