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The raises more revenue for the government, and the has a smaller deadweight loss associated with it. fSuppose the nation of Isoland is an importer

The raises more revenue for the government, and the has a smaller deadweight loss associated with it.

\fSuppose the nation of Isoland is an importer of textiles and is looking for a way to raise government revenue. The following graph shows the effect of a tariff on textile imports. i Price of Textiles Quantity of Textiles

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