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mmaruska mmaruska
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A year ago
Suppose Canada has a 12% tariff on foreign-made cotton clothing. If the tariff is raised to 20%, there will be a ________ in the Canadian price of cotton clothing, ________ profits for domestic producers, and ________ in deadweight loss.

▸ fall; increased; a decrease

▸ fall; reduced; a decrease

▸ rise; reduced; an increase

▸ rise; increased; an increase

▸ rise; increased; a decrease
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Microeconomics

Microeconomics


Edition: 17th
Author:
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revanchistrevanchist
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A year ago
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