In April 2022, the Minister of Agriculture in Zambia, announced the imposition of restrictions on imports...

 

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In April 2022, the Minister of Agriculture in Zambia, announced the imposition of restrictions on imports of potatoes and onions from South Africa. a) illustrate and explain welfare effects of such a policy instrument using partial equilibrium framework and treating Zambia as a large importer in the SADC regional market [10] b) Provide advice to the Zambian stakeholders on the advantages and disadvantages of such a policy both in the short run and long run [6] In April 2022, the Minister of Agriculture in Zambia, announced the imposition of restrictions on imports of potatoes and onions from South Africa. a) illustrate and explain welfare effects of such a policy instrument using partial equilibrium framework and treating Zambia as a large importer in the SADC regional market [10] b) Provide advice to the Zambian stakeholders on the advantages and disadvantages of such a policy both in the short run and long run [6]

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a The imposition of restrictions on imports of potatoes and onions from South Africa by the Zambian government can have welfare effects on various stakeholders within the country To analyze these effe... View the full answer