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The world price of a refrigerator is $750. The value of imported components used to make the refrigerator is $364. The tariff on imported

The world price of a refrigerator is $750. The value of imported components used to make the refrigerator is $364. The tariff on imported refrigerators is $125, but there is a tariff of $75 on the imported components. What is the effective rate of protection for refrigerators? _% (round to two decimal places)

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