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Chako Chako
wrote...
Posts: 2948
8 years ago
The prohibitive tariff is a tariff that
A) is so low that the government prohibits its use since it would lose an important revenue source.
B) is so high that it eliminates imports.
C) is so high that it causes undue harm to trade-partner economies.
D) is so low that it causes domestic producers to leave the industry.
E) is so high that it causes undue harm to import competing sectors.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 144 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
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8 years ago
I doubted this website before I signed up. I regret not being a member earlier lol
wrote...
8 years ago
Happy to help you!
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