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a.If Canada is able to import a product that is produced more efficiently in a foreign country, do all Canadians benefit?Explain your response. b.Using a

a.If Canada is able to import a product that is produced more efficiently in a foreign country, do all Canadians benefit?Explain your response.

b.Using a diagram to assist in your explanation, indicate the consequences of Canada's imposing a tariff on that imported product.Indicate any deadweight loss on the diagram.How would this differ from imposing a quota on imports of that product?

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