Why does rent seeking imply that the traditional measure of deadweight loss from tariffs and quotas will

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Why does rent seeking imply that the traditional measure of deadweight loss from tariffs and quotas will likely understate the true deadweight loss to society?

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Exploring Macroeconomics

ISBN: 9781111970314

5th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 31, 2024 03:00 AM

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Why does rent seeking imply that the traditional measure of deadweight loss from tariffs and quotas will likely understate the true deadweight loss to society?
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Why does rent seeking imply that the traditional measure of deadweight loss from tariffs and quotas will

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Exploring Macroeconomics

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