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    Exam 20: Prices and Distortions Across Markets
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    For Any Import Quota a Country Imposes, There Exists a Tariff
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For Any Import Quota a Country Imposes, There Exists a Tariff

Question 22

Question 22

True/False

For any import quota a country imposes, there exists a tariff the country could have imposed that will have the same impact on producers and consumers.

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