=+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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Related Book For
International Economics
ISBN: 9780132146654
9th Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz
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