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2. Please fill out the cells in the 2rd column and 3rd column on the impacts of tariff. No tariff Tariff = 40% on final

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2. Please fill out the cells in the 2rd column and 3rd column on the impacts of tariff. No tariff Tariff = 40% on final Tariffs: 30% on final product and product 20% on imported inputs Price of a laptop $1,000 Value of foreign $600 inputs Domestic value $400 added Effective rate of 0 protection

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