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Government reduced import quota and also gave subsidy on domestic production. What is the correct analysis of impact on importer and domestic producer?

Answer and explanation

Correct answer: Importer may face supply risk and domestic producer may get opportunity

One policy can affect different businesses differently. In exams view political environment as both opportunity and threat.

Related tags

Business-EnvironmentPolitical-EnvironmentClass-12ExpertPolitical EnvironmentBusiness EnvironmentBusiness StudiesClass 12 Mcq

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