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In 2001, an outbreak of hoof-and-mouth disease in Europe led to the burning of millions of cattle carcasses

Economics

In 2001, an outbreak of hoof-and-mouth disease in Europe led to the burning of millions of cattle carcasses. What impact do you think this had on the supply of cattle hides, hide prices, the supply of leather good, and the price of leather goods? Can you give another example of similar outbreak that affected the supply market for agriculture, meat, or other products?

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