defining and providing an example of a black market, as well as discussing the circumstances under which black markets arise. A black market is a clandestine or illegal market in which goods or services are bought and sold outside of government regulation

defining and providing an example of a black market, as well as discussing the circumstances under which black markets arise.

A black market is a clandestine or illegal market in which goods or services are bought and sold outside of government regulation

What is a black market (please give a real world example). Under what circumstance do black markets arise? 250 words

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