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free trade with tariff world Price $1000 $850 domestic price $1000 $1200 domestic consumption 95 mill 90 mill domestic production 50 mill 70 mill what
free trade with tariff
world Price $1000 $850
domestic price $1000 $1200
domestic consumption 95 mill 90 mill
domestic production 50 mill 70 mill
what is the impact of the tariff upon the large country's welfare?
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