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Author Question: An import tariff will cause the terms of trade of the ________ country to ________ and will ________ ... (Read 109 times)

Chloeellawright

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on: Jun 30, 2018
An import tariff will cause the terms of trade of the ________ country to ________ and will ________ the country.
 
  A) importing; improve; benefit
  B) exporting; improve; benefit
  C) importing; suffer; harm
  D) exporting; improve; harm
  E) importing; improve; harm

Question 2

Refer to the figure above. In equilibrium, this country consumes at point
 
  A) B.
  B) C.
  C) D.
  D) E.


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harveenkau8139

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


Chloeellawright

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

peter

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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