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Loraine Loraine
wrote...
Posts: 4563
8 years ago
After a tariff is imposed, consumers must pay a price equal to the
A) world market price.
B) domestic equilibrium price when there is no trade.
C) world market price plus the tariff.
D) world market price less the tariff.
E) domestic equilibrium price when there is no trade plus the tariff.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 1140 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

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8 years ago
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