Japan+bans+catching+konago+fish+off+Fukushima+-+Zelda

=**Japan bans konago fish off Fukushima**=


 * Google News: http://www.google.com/hostednews/afp/article/ALeqM5j0UioVTgcQ95V1vZtm1_qPdjaIuw?docId=CNG.4ad4f9082812cdbe83919ae15e39c5d0.4f1
 * April 20th, 2011
 * Japan has banned the shipment and consumption of konago fish caught off its Fukushima prefecture where a crippled nuclear power plant has leaked radioactive water into the sea. Since the March 11 earthquake and tsunami, some radioactive runoff has leaked and low-level contaminated water has had to be dumped in the sea. Officials said there was no wider threat to the marine environment or public health from eating seafood.
 * Vocabulary:
 * Choice: deciding how to allocate their limited financial resources and so always needing to choose between alternatives.
 * Opportunity cost: the next best alternative foregone when an economic decision is made.
 * Production: processes and methods employed in transformation of tangible inputs and intangible inputs into goods or services.
 * Factors of production: four resources that allow an economy to produce its output (land, labour, capital, management).
 * Due to a natural disaster, the PPC moves inwards, reflecting a reduction in an economy's total productive capacity. This is what Japan is able to produce while utilizing all of the resources available.
 * [[image:CE4.jpg width="720" height="479" align="center" caption="Japan"]]
 * Although fishermen have stopped catch konago voluntarily and there is no risk contaminated fish being sold at the market, some fishermen may consumer them on their own. Because of the lack of fish consumption, fishermen might have a loss in income and therefore they have to reside to feeding themselves with what they catch. This ban applies to them as there is a dangerous amount of iodine in seafoods, especially konago. A possible solution would be to move the fishermen to another area away from Fukushima so that they can continue fishing in a safe and uncontaminated environment. This way, they would not reside to consuming contaminated fish no one is consuming in order to have their meals due to the decrease in demand.