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    International Economics Study Set 12
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    Exam 4: Tariffs
  5. Question
    The Nominal Tariff Rate Signifies the Total Increase in Domestic
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The Nominal Tariff Rate Signifies the Total Increase in Domestic

Question 73

Question 73

True/False

The nominal tariff rate signifies the total increase in domestic productive activities compared to what would occur under free-trade conditions.

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