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1100 Domestic Demand Domestic Supply 1060 1020 980 940 PRICE (Dollars per ton) 900 860 820 PW 780 740 1 1 700 0 20 40
1100 Domestic Demand Domestic Supply 1060 1020 980 940 PRICE (Dollars per ton) 900 860 820 PW 780 740 1 1 700 0 20 40 160 180 200 60 80 100 120 140 QUANTITY (Tons of oranges) If Jordan is open to international trade in oranges without any restrictions, it will import tons of oranges. per ton Suppose the Jordanian government wants to reduce imports to exactly 80 tons of oranges to help domestic producers. A tariff of will achieve this. A tariff set at this level would raise $ in revenue for the Jordanian government
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