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    International Economics Study Set 9
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    Exam 8: Import Tariffs and Quotas Under Perfect Competition
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    When a Large Country Imposes a Tariff, the Burden Is
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When a Large Country Imposes a Tariff, the Burden Is

Question 132

Question 132

Multiple Choice

When a large country imposes a tariff, the burden is often shared by:


A) foreign consumers and domestic producers.
B) domestic consumers and foreign producers.
C) all producers and consumers in each nation equally.
D) its government.

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