=+9. Many countries have value-added taxestaxes that are paid by producers, but are intended to fall on

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=+9. Many countries have value-added taxes—taxes that are paid by producers, but are intended to fall on consumers. (They’re basically just an indirect way of imposing sales taxes.) Such value-added taxes are always accompanied by an equal tax on

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International Economics

ISBN: 9780132146654

9th Edition

Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz

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