It is more efficient for the government of a small country to impose an import tariff than

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It is more efficient for the government of a small country to impose an import tariff than a production subsidy to stimulate output because it does not have to pay the producers directly. Comment.

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International Economics

ISBN: 9781319218508

5th Edition

Authors: Robert C. Feenstra, Alan M. Taylor

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Question Posted: Jan 03, 2023 05:32 AM

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It is more efficient for the government of a small country to impose an import tariff than

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Unlike an import tariff a production subsidy does not alter consump...View the full answer

International Economics

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