3. Suppose that this year, tomato growers in Florida lobby the U.S. government to impose an import...

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3. Suppose that this year, tomato growers in Florida lobby the U.S. government to impose an import quota on Mexican tomatoes. Explain who, in the United States, would gain and who would lose from such a quota.

Source: The New York Times, October 6, 2015 In the News The Trans-Pacific Partnership (TPP)

If the TPP comes into effect, Canada will remove import quotas on American milk, Japan will free imports of American beef, and the United States will remove import tariffs on items such as steel, auto-parts, garments, and solar panels.

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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