Supply of goods and resources in the affected country

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Explore a recent situation of unrest, such as a war or a terrorist attack.

  • How might such unrest impact the individual demand and supply of goods and resources in the affected country?
  • What happens to market equilibrium, equilibrium prices and quantities; and wages and quantities of resources?
  • Would all products be affected in the same way, or would there be some exceptions?
  • How would international trade be affected?

Reference no: EM131607341

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