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The market system

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Question 11

Vietnam is one of the world's leading exporters of farmed seafood, particularly shrimp. In 2022, the Vietnamese Government began to deregulate the aquaculture sector by easing restrictions on waste-water treatment and coastal land-use zoning.

Explain one disadvantage of deregulation for a country such as Vietnam.

[3]

The market system Questions

  1. IGCSE
  2. /Economics
  3. /The market system