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vellojo vellojo
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8 years ago
A tariff
A) has no effect on prices paid by domestic consumers even though it increases the revenue collected by domestic producers.
B) is a tax imposed on imported goods.
C) encourages worldwide specialization according to the principle of comparative advantage.
D) is a tax imposed on exported goods.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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amishamish
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#1
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8 years ago
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vellojo Author
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#2
8 years ago
Thank you for this

Comes at the right time too!

Good luck on your exams
Studying economics @ Edinburgh U
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