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All of the small country policy tools studied (tariff, quota with or without import licenses, VERs, production subsidies) have the same effect on the small
All of the small country policy tools studied (tariff, quota with or without import licenses, VERs, production subsidies) have the same effect on the small country's equilibrium price and equilibrium quantity supplied, as compared to free trade. True False
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
9th Edition
978-0132146654, 0132146657, 9780273754091, 978-0273754206
