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    International Economics Study Set 2
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    Exam 8: Analysis of a Tariff
  5. Question
    Firms in a Given Industry Are Affected by the Tariff
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Firms in a Given Industry Are Affected by the Tariff

Question 24

Question 24

True/False

Firms in a given industry are affected by the tariff imposed on the product they sell, but not by the tariffs imposed on their purchased inputs.

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