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    Microeconomics Study Set 45
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    Exam 26: International Trade
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    When a Tariff or Quota on a Product Is Removed
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When a Tariff or Quota on a Product Is Removed

Question 131

Question 131

Multiple Choice

When a tariff or quota on a product is removed, this policy action


A) benefits domestic producers of the product.
B) benefits consumers of the product.
C) benefits the government.
D) hurts nations exporting the product.

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