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Negative externalities that might occur in south african economy due to russian-ukrine war

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michell96

One of the negative consequences in South Africa due to the war between Russia and Ukraine is the increase in airfares and the increase in some imported goods.

How does the war between Russia and Ukraine affect other countries?

The War between Russia and Ukraine is a conflict started in the year 2022 by different political and economic interests. This war has impacted not only the countries involved but also the majority of countries in the world.

This war has caused the cost of fuel to increase greatly due to the increased demand for oil and gas, so producers take advantage of this situation to increase their commercial value.

This causes many of the goods and services that depend on the use of fuels to have increases in their prices, such as air tickets or imports.

Learn more about South Africa in: https://brainly.com/question/18005052

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