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What two outcomes typically occur as the result of of local content regulations? Multiple select question. The restrictions on imports make it easier for foreign
What two outcomes typically occur as the result of of local content regulations? Multiple select question. The restrictions on imports make it easier for foreign competition to enter into the market. Local content regulations provide the biggest protection for the consumer. The restrictions on imports raise the prices of imported components which lead to higher prices for the consumer. Local content regulations provide protection for a domestic producer
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