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    Principles of Economics Study Set 12
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    Exam 29: International Trade
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    If Reducing Trade Barriers Is Supposed to Improve Consumer Surplus
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If Reducing Trade Barriers Is Supposed to Improve Consumer Surplus

Question 94

Question 94

Essay

If reducing trade barriers is supposed to improve consumer surplus and reduce deadweight loss, why is it so difficult to reduce trade barriers?

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Losses associated with reduced trade bar...

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