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When a tariff is imposed by a small country to promote production in an import competing industry (that generates positive externalities), the effect on national
When a tariff is imposed by a small country to promote production in an import competing industry (that generates positive externalities), the effect on national welfare, compared to doing nothing, Multiple choice question. is unambiguously negative. is unambiguously positive. may be positive, negative or zero
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Macroeconomics Principles Applications And Tools
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
7th Edition
978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234
