Answer to Question #70184 in Macroeconomics for Ntobeko

Question #70184
Explain who would benefit and who would lose in the local economy as a result of the duty free importation of chicken.
1
Expert's answer
2017-09-21T03:38:07-0400
Local producers of chicken will suffer because of decreased prices for their product.
Local consumers will win because of local prices for purchases of chicken and its products.

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