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Please solve, thank you 12. Using General Equilibrium concepts, show a Country which is importing good y, exporting good x. a. If this country's government

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Please solve, thank you

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12. Using General Equilibrium concepts, show a Country which is importing good y, exporting good x. a. If this country's government imposes a TARIFF on GOOD Y, explain and show GRAPHICALLY what happens to the slope of the international (world) price ratio (PX/V13). b. Using these concepts, show on a general equilibrium graph that this TARIFF on Y will result in LOWER UTILITY for this country. Be sure to show points of production, consumption, trade, etc. Explain

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