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Question is about foreign trade Describe the differences in the allocation effects of the introduction of a minimum price on the domestic market of a
Question is about foreign trade
Describe the differences in the allocation effects of the introduction of a minimum price on the domestic market of a large country
(a) in an import situation with accompanying import levies,
(b) in an export situation with accompanying export subsidies.
(its better if u can explain with pictures or graphics,not only words)
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