=+a dollars worth of gain to producers as being worth $3 of either consumer gain or government

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=+a dollar’s worth of gain to producers as being worth $3 of either consumer gain or government revenue. Calculate the effects on the government’s objective of a tariff of 5 per unit.

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International Economics

ISBN: 9780132146654

9th Edition

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

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