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When home country is a large importing country, the optimal tariff should be larger than 0 . A . YesB. NO Suppose Japan and China
When home country is a large importing country, the optimal tariff should be larger than
A YesB. NO
Suppose Japan and China have hours of labor supply per month. In Japan, it takes hours to produce a unit of computer and hours to produce a pair of shoes. Whereas in China, it takes hours to produce a unit of computer and hours to produce a pair of shoes. Which country has the comparative advantage in producing computers?
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