In 2004, the Egyptian government implemented an economic reform program that led to a sharp reduction in tariffs on imported cars. This helped GB Auto Ghabbour to

Question

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The reduction in tariffs on imported cars would make it cheaper for GB Auto Ghabbour to import parts or vehicles, which could lead to an increase in production. This increase in production could then generate economies of scale, where the average cost per unit decreases as production increases.

In 2004, the Egyptian Government Implemented an Economic Reform Program