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Assume the United States is an importer of televisions and there are no trade restrictions. U . S . consumers buy 1 million televisions per
Assume the United States is an importer of televisions and there are no trade restrictions. US consumers buy million televisions per year, of which are produced domestically and are imported. Suppose that US imposes a tariff on the imports of televisions of $
How this change affects total surplus in the United States?
total surplus is decreasing
total surplus is increasing
total surplus doesn't change
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