So how much ivory do you expect to be illegally exported out of the US as a result of that law?
And if you don't care about legality, why would you export ivory, anyway? The prohibition destroys legal markets, but tends to raise prices in the black markets.
The prohibition destroys legal markets, but tends to raise prices in the black markets.
False. Scarcity raises prices, and black market goods are often scarce, but where illegal goods are not scarce (say street quality heroin) the profit margins are fairly low because illegality makes it hard to compete on brand so everyone competes on price.
So how much ivory do you expect to be illegally exported out of the US as a result of that law?
I don't see how my estimate would matter in the slightest.
If it's worth saying, but not worth its own post (even in Discussion), then it goes here.
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