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1) The import price of a good is 100. There is an ad valorem import duty of 15 percent. What is the price to be

1) The import price of a good is 100. There is an ad valorem import duty of 15 percent. What is the price to be used for a financial project analysis? What is the correct price for an economic analysis?

2) Does the answer to Q1 depend on whether the good is a project input or output?

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