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This figure shows demand and supply for a product in country A, which is interested in engaging in international trade. The import price from country
This figure shows demand and supply for a product in country A, which is interested in engaging in international trade. The import price from country C is $3 and from country & is $4. Country A Imposes a fixed tariff of $2 per unit of Import. Answer the following questions based on these assumptions. 13 Price 12 A 11 Demand 10 9 Supply 8 4 R E Q 2 M IN Quantity country & will be: Based on information provided in the figure above, if country A decides to enter into a free trade agreement with country B, the tariff revenue collected from C I. UVPO b. IHVU
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