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economics question 3 , please explain 3. Consider again the model in the previous exercise. (a) If the Foreign government imposes a tari' of 7'

economics question 3 , please explain

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3. Consider again the model in the previous exercise. (a) If the Foreign government imposes a tari' of 7' = 3, determine the new optimal outputs of the rm. (b) What are the new welfare levels of the two markets? What is the new prot of the rm? (0) How is the present exercise used to explain the phenomenon of \"tarii jumping" FDI

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