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    imported commodities

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    Suppose we refused to sell goods to any country that reduced or halted its exports to us. Who would benefit and who would lose from such retaliation? Can you suggest alternative ways to ensure import supplies? Are there any particular imported commodities that you or your firm rely on? What has happened to the supply of these imports over the years?

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    If we refuse to sell goods to such country, the local companies in that country will benefit as there will be no competition from overseas players. However, we will stand to lose as opportunity to earn revenues by ...

    Solution Summary

    This solution discuses imported commodities.