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A Specific Tariff Provides Home Producers More Protection When

Question 11

Multiple Choice

A specific tariff provides home producers more protection when


A) the home market buys cheaper products rather than expensive products.
B) it is applied to a commodity with many grade variations.
C) the home demand for a good is elastic with respect to price changes.
D) it is levied on manufactured goods rather than primary products.
E) the home supply outnumbers the foreign imports.

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