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    Modern Principles Microeconomics
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    Exam 9: International Trade
  5. Question
    A Tariff ______ the Amount of Output Produced by Domestic
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A Tariff ______ the Amount of Output Produced by Domestic

Question 31

Question 31

Multiple Choice

A tariff ______ the amount of output produced by domestic firms and ______ the amount of goods bought by domestic consumers.


A) increases; increases
B) increases; decreases
C) decreases; increases
D) decreases; decreases

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