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Which two outcomes typically occur with the implementation of local content regulations? Multiple select question. The restrictions on imports make it easier for foreign competition
Which two outcomes typically occur with the implementation of local content regulations? Multiple select question. The restrictions on imports make it easier for foreign competition to enter 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 consumers. Local content regulations provide protection for a domestic producer
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