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Author Question: Assume Canada is trading with a country that has lower costs of production for some good and can ... (Read 115 times)

isam

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on: Oct 12, 2022
Assume Canada is trading with a country that has lower costs of production for some good and can therefore sell that good at a lower price. If Canada imposes a tariff large enough to equalize the foreign country's price with ours, then
◦ this tariff will eliminate exploitation of Canadian markets.
◦ Canada would gain absolute advantage.
◦ all Canadians would realize an increase in their standard of living.
◦ a "level playing field" will be created.
◦ the gains from international specialization would be reduced.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by isam on Oct 12, 2022

khudija

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Reply #1 on: Oct 12, 2022
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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isam

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Reply 2 on: Oct 12, 2022
Excellent

Dominic

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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