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Adressing Export Restrictions Enacted by LEDCS - Coggle Diagram
Adressing Export Restrictions Enacted by LEDCS
Limit Exportations
Reduces Revenue for Exporters
Reduces the value of money
Expensive Imports
Harming Economy
Lower prices for domestic consumers
Short-term benefit to locals
Reduces competitiveness in international markets
Expensive Imports
Harming Economy
Lowering domestic prices
Uncertainty of future prices
Reduces Invesments
Less raw materials
Expensive raw materials
More Imports than exports
Deflation
More imports than exports
Trade Deficit
Fewer job opportunities
Unemployment