Why is a tariff-rate quota viewed as a compromise between the interests of the domestic consumer and

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Why is a tariff-rate quota viewed as a compromise between the interests of the domestic consumer and those of the domestic producer? How does the revenue effect of a tariff-rate quota differ from that of an import tariff?

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International economics

ISBN: 978-8131518823

13th Edition

Authors: Robert J. Carbaugh

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