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C. The figure below shows the market for computers in a small importing country. Da and Sa are the domestic demand and supply curves of
C. The figure below shows the market for computers in a small importing country. Da and Sa are the domestic demand and supply curves of computers, respectively. Price Sa $2,400 Domestic price with tariff World price $2,000 Da 0 100 120 190 200 Quantity (thousands of units) i. Under free trade the country imported of the tariff the country began to import_ computers but following the imposition computers. ii. The imposition of a tariff on computers caused the surplus of the domestic producers to by iii. The imposition of a tariff on computers caused the surplus of the country's consumers to by iv. Calculate the tariff revenue of the country's government. V. The imposition of a tariff on computers caused economic well-being in the country to by vi. The production effect of the tariff on computers is worth vii. The consumption effect of the tariff on computers is worth [1+3+3+2+3+2+2= 16 marks] [Total for Question 2 = 20 marks] Dreviou
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