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    International Economics Study Set 6
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    Exam 6: The Theory of Tariffs and Quotas
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    If Politicians Decide to Proceed with Protection,why Might Economists Prefer
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If Politicians Decide to Proceed with Protection,why Might Economists Prefer

Question 34

Question 34

Essay

If politicians decide to proceed with protection,why might economists prefer tariffs to quotas? Explain at least three reasons.

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•The greater welfare loss from quotas si...

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