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With the help of the given graph answer the following question: When the nation imposes a tariff, the imports of the nation falls to However,
With the help of the given graph answer the following question:
When the nation imposes a tariff, the imports of the nation falls to However, government revenue increases by and producer surplus increases by
This nation may not favor imposing tariffs on imports because
A it raises social surplus for consumers.
B it raises prices for consumers.
C it reduces the work load of the government.
D it makes producers worse off.
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