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How, if at econ 2all, will the tax affect the price at which American firms can sell the good abroad? (Note that foreigners still have
How, if at econ 2all, will the tax affect the price at which American firms can sell the good abroad? (Note that foreigners still have the option of buying the good at the world price from other countries, and so not paying the tax.) b. How will the tax affect the quantity of the good produced in the U.S., the quantity purchased by U.S. consumers, and our exports
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