„Market Disruption“

What does Market Disruption stand for?

A situation where a surge of imports of a certain product causes a sharp decline in the domestic sales of that product and creates a hardship for domestic producers.

Source:

Krugman, P.R., Obstfeld, M., & Melitz, M. J. (2012). International Economics: Theory and Policy. Boston, MA: Addison-Wesley.

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