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  3. Study Set
    International Economics Study Set 10
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    Exam 8: Import Tariffs and Quotas Under Imperfect Competition
  5. Question
    (Figure: Home Market I) After the Imposition of the Tariff
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(Figure: Home Market I) After the Imposition of the Tariff

Question 31

Question 31

Multiple Choice

  (Figure: Home Market I)  After the imposition of the tariff, the producer Surplus in the Home country: A) decreases by $84. B) increases by $72. C) increases by $84. D) increases by $64. (Figure: Home Market I) After the imposition of the tariff, the producer
Surplus in the Home country:


A) decreases by $84.
B) increases by $72.
C) increases by $84.
D) increases by $64.

Correct Answer:

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