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What are the disadvantages of informal economy?
Disadvantages of the informal sector are as illustrated below:
• don’t pay direct taxes;
• Can produce important pollution and
• Pay scant about health and safety matters.
QUESTION (a) Discuss whether international trade between countries is always beneficial. (b) What are the economic reasons for protectionism? (c) Does the National Income
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Hoe to reduce above mentioned issue.
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