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Assuming that all other things remain unchanged, a country that imposes significant tariffs on its imports should expect, in general: none of the answers in
Assuming that all other things remain unchanged, a country that imposes significant tariffs on its imports should expect, in general:
- none of the answers in this question are correct
- A fall in the prices of imported goods only
- A rise in the prices of imported goods
- A drop in domestic prices
- A drop in export prices
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