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Which statement is NOT true about an import tariff on X? a. It raises the price received by the producers of X in the home
Which statement is NOT true about an import tariff on X?
a. It raises the price received by the producers of X in the home country
b. This tariff acts like a tax on consumers of X and a subsidy to producers of X in the home country
c. It helps consumers of X and hurts producers of X in the home country
d. It raises the price charged to consumers in the home country
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