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What happens to the price of the import-competing good when a large country imposes and import tariff on the competing product? The price rises by

What happens to the price of the import-competing good when a large country imposes and import tariff on the competing product? The price rises by less than the amount of the tariff. The price falls by the amount of the tariff. The price rises by more than the amount of the tariff. The price falls by less than the amount of the tariff. 3

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