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Question 1. Suppose that Turkey, which is a large county, exports hazelnuts (H) and imports beef (B). a. Given the information above, please label the

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Question 1. Suppose that Turkey, which is a large county, exports hazelnuts (H) and imports beef (B). a. Given the information above, please label the axis as well as the production and consumption points in the graph below. Clearly show the export and import amounts for each product. L Show the effect of the following policies on Turkey's terms of trade. Please appropriate graphs and explain. b. A tariff on beef imports imposed by the Turkish government. > b. An export subsidy for beef exports imposed by France (another large country)

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