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In this setup, the importer always gains from a small import tariff.Show and explain why they can lose from a large import tariff . PRICE

In this setup, the importer always gains from a small import tariff.Show and explain why they can lose from a large import tariff.

PRICE EXCESS DEMAND and ES - FOREIGN EXCESS SUPPLY IA B H C IG L - D K E ED - HOME F ED with tariff QUANTITY TRADED

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