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How many units will the domestic firms produce without trade? 2.How many units will the domestic firms produce without a tariff if the foreign producer
- How many units will the domestic firms produce without trade?
2.How many units will the domestic firms produce without a tariff if the foreign producer can sell the product at a $4 price?
3.How many units will the foreign firms produce / sell if a government tariff of $2.00 is imposed on foreign goods?
4.What will be the total government revenues if a tariff of $2.00 is imposed on foreign goods?
5.What will be the total deadweight losses if a tariff of $2.00 is imposed on foreign goods?
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