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Suppose the Country of Mooland Imposes a Tariff on Imported

Question 154

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Suppose the country of Mooland imposes a tariff on imported beef from the country of Aqualand. As a result of the tariff, the


A) price of beef in Mooland falls.
B) quantity of beef exported by Mooland increases.
C) quantity of beef imported by Mooland decreases.
D) quantity of beef imported by Mooland increases.

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