Based on the information in the table above calculate the effective rate of protection and interpret your

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Based on the information in the table above calculate the effective rate of protection and interpret your answer. Consider Product A is an imported product and product B is the domestic product ( A&B are substitute goods)

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Transcribed image text: Product A Cost Product B Cost Component parts1000 Imported component part 1000 Assembly activity 200 Assembly activity 250 Nominal Tariff 100 Nominal Tariff on imported 50 component parts Import price $1300 Domestic price $1300

Posted Date: Jun 03, 2024 02:20 PM

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Based on the information in the table above calculate the effective rate of protection and interpret your

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