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Figure: The Home and World Markets - The supplied graph shows the case for a tariff imposed by a large country. ~ Home market World

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"Figure: The Home and World Markets - The supplied graph shows the case for a tariff imposed by a large country. ~ Home market World market Price Price $36 $30 $26 20 40 80 100 Quantity 40 80 Imports t t . Q1. (Figure: The Home and World Markets) The terms-of-trade gain is and the deadweight loss is 'A) $120; $160- B) $160; $160- T. C) $160; $120- T. 'D)~ $120; $120

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