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If a small country imposes a specific tariff on a product, the domestic price of that good rises above the world price by Multiple choice
If a small country imposes a specific tariff on a product, the domestic price of that good rises above the world price by Multiple choice question. a fraction of the amount of the tariff. exactly one-half of the amount of the tariff. the full amount of the tariff
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
9th Edition
978-0132146654, 0132146657, 9780273754091, 978-0273754206
