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1.With the help of a diagram, explain the impact of export subsidy on terms of trade and welfare of a country? Please provide example to
1.With the help of a diagram, explain the impact of export subsidy on terms of trade and welfare of a country? Please provide example to explain your answer.
2.With the help of a diagram, explain the impact of import tariff on terms of trade and welfare of a country? Please provide example to explain your answer.
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