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5. If a LARGE country imposes a per-unit tariff on an imported product, how does this affect the world price? Please explain. 6. What is
5. If a LARGE country imposes a per-unit tariff on an imported product, how does this affect the world price? Please explain. 6. What is the change in total surplus when a LARGE country switches from free trade to using a tariff? 7. What are the terms of trade gain when a large country applies a per-unit tariff? 8. What is an optimal tariff for a large country
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Fundamentals of Managerial Economics
Authors: Mark Hirschey
9th edition
324584830, 978-0324588781, 032458878X, 978-0324584837
