What Are The Effects Of A Decrease In Import Duties For Farm Equipment?
What will happen if import duties for farm equipment is decreased.
What will happen if import duties for farm equipment is decreased.
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The decrease in Import duties for farm equipment in the country will allow more and more people to buy imported equipment as the prices will decrease because of this. The home industry of farm equipment will have to become more and more competitive in order to survive. However, the farmers would definitely benefit from it as they can purchase good imported equipment at low costs.
answered 9 months ago
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