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Title: Econ Help

Essay Details:

Subject: Business

Author: Cary B

Date: June 6, 2016

Level: University

Grade: A

Length: 4 / 1100

Essay text:

The optimal tariff rate of a large country is a. zero. b. negative. c. a positive number. d. the same as the effective rate of protection. 3. An export duty will a. increase the export. b. increase the domestic production of the exportable goods. c. decrease the domestic consumption of the exportable goods. d. decrease the export. 4. Which of the following is an argument for trade protection? a. Free trade will lead to efficiency gains to a nation. b. Industries in a development country need time to gain efficiency to compete in the future. c. With trade protection, the market gets smaller...

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