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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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    (Figure: Home Market II) the Foreign Producers in the Figure
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(Figure: Home Market II) the Foreign Producers in the Figure

Question 81

Question 81

Multiple Choice

(Figure: Home Market II) The foreign producers in the figure absorbed _____ of the overall tariff. (Figure: Home Market II)  The foreign producers in the figure absorbed _____ of the overall tariff.   A)  $10 B)  $8 C)  $5 D)  10%


A) $10
B) $8
C) $5
D) 10%

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