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Chako Chako
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Posts: 2948
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8 years ago
If an import-competing firm is imperfectly competitive, than under free trade an import quota will ________ domestic market price, ________ producer surplus, ________ consumer surplus, ________ government revenue, and ________ overall domestic national welfare.
A) increase; increase; decrease; have no effect on; decrease
B) decrease; increase; decrease; increase; decrease
C) decrease; decrease; increase; decrease; have no effect on
D) increase; have no effect on; decrease; increase; decrease
E) have no effect on; have no effect on; decrease; increase; decrease
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 260 times
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
I doubted this website before I signed up. I regret not being a member earlier lol
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#3
8 years ago
Good luck
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