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Home Q & A Board Other Fields Homework Help Business Economics
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vellojo vellojo
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7 years ago
In 2007, European Union (EU) negotiators have offered to cut tariffs for Latin American bananas to avoid “banana wars”.  What are the effects of a cut in tariffs?
A) The price of bananas for consumers will increase
B) Tariff revenue will increase
C) The quantity of bananas produced in the EU (such as in France and Spain) will increase
D) The quantity of bananas imported into the EU will increase
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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ukraniaukrania
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7 years ago
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vellojo Author
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#2
7 years ago
Everyone I encourage you to thumbs up the answer!

got it right
Studying economics @ Edinburgh U
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#3
7 years ago
Thanks Upwards Arrow
Dream it. Person Raising Both Hands in Celebration
Wish it. Person Raising Both Hands in Celebration
Do it. Person Raising Both Hands in Celebration
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#4
3 years ago
thank you
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