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Chako Chako
wrote...
Posts: 2948
8 years ago
If a good is imported into (small) country H from country F, then the imposition of a tariff In country H
A) raises the price of the good in H and lowers it in F.
B) lowers the price of the good in H and could raise it in F.
C) raises the price in country H and does not affect its price in country F.
D) lowers the price of the good in both countries.
E) raises the price of the good in both countries (the "Law of One Price").
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 187 times
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machukianmachukian
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Top Poster
Posts: 2946
8 years ago
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Chako Author
wrote...
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
wrote...
7 years ago
Happy to help you!
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