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Author Question: Assume that before it joined the EU, the UK had to pay a tariff on Granny Smith apples imported from ... (Read 67 times)

tiffannnnyyyyyy

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on: May 25, 2020
Assume that before it joined the EU, the UK had to pay a tariff on Granny Smith apples imported from France. The UK grows both Cox's apples and Granny Smith apples but it is France that has a comparative advantage in the latter. When the UK joined the EU, one would have expected to see the UK
◦ increase its imports and reduce its production of Granny Smiths.
◦ increase its exports of Granny Smiths and reduce its imports of Cox's.
◦ reduce its imports and increase its production of Granny Smiths.
◦ reduce its exports of Granny Smiths and increase its imports of Cox's.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by tiffannnnyyyyyy on May 25, 2020

TDubDCFL

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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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tiffannnnyyyyyy

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

cam1229

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Reply 3 on: Yesterday
Wow, this really help

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