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  3. Study Set
    International Economics Study Set 2
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    Exam 8: Analysis of a Tariff
  5. Question
    For a Small Country, the Sum of the Production and the Consumption
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For a Small Country, the Sum of the Production and the Consumption

Question 58

Question 58

True/False

For a small country, the sum of the production and the consumption effects indicate the net loss in economic welfare due to the imposition of a tariff.

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