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Author Question: Assume that before it joined the EU, the UK consumers had to pay a tariff on imported Fiat cars. The ... (Read 68 times)

naturalchemist

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on: May 25, 2020
Assume that before it joined the EU, the UK consumers had to pay a tariff on imported Fiat cars. The UK's main small car at the time was the mini. Italy had a comparative advantage in the production of small cars. On joining the EU, the UK car market would have seen
◦ trade division.
◦ trade reduction.
◦ trade creation.
◦ trade diversion.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by naturalchemist on May 25, 2020

scrocafella

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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naturalchemist

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Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it

ryansturges

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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