21 Suppose that in 2008, tomato growers in Florida lobby the US government to impose an import...

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21 Suppose that in 2008, tomato growers in Florida lobby the US government to impose an import quota on Mexican tomatoes. Explain who in the US would gain and who would lose from such a quota. Before 1995, trade between the US and Mexico was subject to tariffs. In 1995, Mexico joined NAFTA and all US and Mexican tariffs have gradually been removed

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Economics

ISBN: 9781118150122

10th European Edition

Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews

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