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Select importing or exporting: A tariff raises prices in the importing/exporting country Consumers in the importing/exporting country lose, but consumers in the importing/exporting country gain

Select importing or exporting:

  • A tariff raises prices in the importing/exporting country
  • Consumers in the importing/exporting country lose, but consumers in the importing/exporting country gain
  • Producers in the importing/exporting gain, but producers in importing/exporting lose

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