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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.
Expert's answer
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.
Local consumers will win because of local prices for purchases of chicken and its products.
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