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An import tariff implemented on intermediate goods.... a. Benefits all local producers and hurts consumers b. Benefits the local producers of the intermediate goods but
An import tariff implemented on intermediate goods.... a. Benefits all local producers and hurts consumers b. Benefits the local producers of the intermediate goods but hurts the producers who use the taxed imports as intermediate goods c. Does not generate deadweight losses d. Does not benefit local producers due to the increase in production costs e. Reduces government revenues from import tariffs
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