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it has negative effects as well. One of the major negative effects is that increased competition may inhibit the growth of emerging firms or even kill infant industries. Secondly

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On April 26, 2024
Comments Off on it has negative effects as well. One of the major negative effects is that increased competition may inhibit the growth of emerging firms or even kill infant industries. Secondly

increased imports competing with the locally-produced goods may lead to loss of jobs or downgrading of wages. Further

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