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Britain decides to impose a tariff of three pounds per unit of imported goods. Which country will the British buy wheat from now? Which country

Britain decides to impose a tariff of three pounds per unit of imported goods. Which country will the British buy wheat from now? Which country do the British buy wine from?

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WORLD PRICE USA Wheat per bushel FRANCE BRITAIN Wine per bottle 4 6 PRICE IN BRITAIN AFTER A TARIFF OF E3 6 8 5 Wheat per bushel 7 Wine per bottle 7 9 9 8 8

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