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Author Question: The imposition of tariffs on imports results in deadweight (triangle) losses. These are A) ... (Read 68 times)

BRWH

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The imposition of tariffs on imports results in deadweight (triangle) losses. These are
 
  A) production and consumption distortion effects.
  B) redistribution effects.
  C) revenue effects
  D) efficiency effects.
  E) distortion of incentives.

Question 2

If one dollar buys 10 pesos, then one peso buys ten cents of a dollar.
 
  Indicate whether the statement is true or false



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SamMuagrove

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Answer to Question 1

E

Answer to Question 2

TRUE





 

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