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sattari [20]
4 years ago
5

three candy-making jobs are lost for every one job protected by import quotas in the raw sugar industry. How does this happen?

Social Studies
1 answer:
Alexandra [31]4 years ago
8 0
Raw sugar is one of the most important material resource in candy-making business.
By putting import quotas on raw sugar, it make the price of the material become more expensive since now its rarity is increased.
High price material lead to lower profit, which will lead to the higher chance of company cutting out their employees
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