A small price-taking nation imports a good that it could not possibly produce itself at a finite

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A small price-taking nation imports a good that it could not possibly produce itself at a finite price. Can you describe a plausible condition under which that nation would benefit from an import tariff on these goods?

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Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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Question Posted: Jun 23, 2017 08:26 AM

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A small price-taking nation imports a good that it could not possibly produce itself at a finite

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Smith and Roberson Business Law

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