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Discovery can impose significant costs on businesses, making them more likely to:
Consumers Worse Off
A situation where consumers experience a decrease in their purchasing power or overall economic well-being.
Domestic Producers
Domestic producers are individuals or companies that manufacture goods or provide services within a country's borders, contributing to its domestic economy.
Domestic Consumers
Domestic consumers refer to individuals or entities within a country that purchase goods or services for personal use.
Free Trade
The exchange of goods and services between nations without restrictive regulations such as tariffs, duties, or quotas, intended to create more efficient markets.
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