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    Exam 5: Nontariff Trade Barriers
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    Figure 5.5. Mexico's Television Market
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Figure 5.5. Mexico's Television Market

Question 17

Question 17

True/False

Figure 5.5. Mexico's Television Market Figure 5.5. Mexico's Television Market   -Consider Figure 5.5.Assuming that the revenue effect of the export quota accrues to Japanese firms, the overall welfare loss to Mexico equals $2,100 as a result of the quota.
-Consider Figure 5.5.Assuming that the revenue effect of the export quota accrues to Japanese firms, the overall welfare loss to Mexico equals $2,100 as a result of the quota.

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