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Chako Chako
wrote...
Posts: 2948
8 years ago
If Slovenia were a large country in world trade, then if it imposes a large set of tariffs on its imports, this must
A) improve Slovenia's real income.
B) decrease the internal price of imports below the world market rate.
C) harm Slovenia's real income.
D) cause retaliation on the part of its trade partners.
E) improve the real income of its trade partners.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 139 times
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Answer verified by a subject expert
machukianmachukian
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Top Poster
Posts: 2946
8 years ago
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Chako Author
wrote...
8 years ago
Correct!
wrote...
8 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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