The Impact of Government Policy on Competitive Market
1. At the start of the COVID-19 pandemic, the Malay government
temporarily eliminated import tariffs on disposable (single use)
surgical masks. As a result, the domestic demand for disposable
surgical masks were fulfilled by domestic production and imports.
By July 2020, 99 million surgical masks valued at Rp400 billion
were imported to Indonesia That same month, industry
representatives asked the government to restore the import tariff
on surgical masks. Assume that if...