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    International Economics Study Set 2
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    Exam 8: Analysis of a Tariff
  5. Question
    The Production Effect of a Tariff Measures the Welfare Gain
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The Production Effect of a Tariff Measures the Welfare Gain

Question 16

Question 16

True/False

The production effect of a tariff measures the welfare gain of domestic producers who can sell their product at a higher price as a result of the tariff.

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