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Due to the imposition of tariffs: i . Calculate the total tariff revenues collected by country C . [ 1 mark ] ii . Calculate
Due to the imposition of tariffs:
i Calculate the total tariff revenues collected by country C mark
ii Calculate the tariff revenue paid by the domestic consumers. mark
iii. Calculate the tariff revenue paid by the foreign exporters. mark
h Due to the imposition of tariff:
i Calculate the deadweight loss for country C mark
ii Calculate the net welfare effect for country C Does country C gain or lose from this imposition of tariffs? marksa Country
b World Market
FIGURE : TARIFF FOR LARGE COUNTRY CASE
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