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Canada Imports Cars from Japan

Question 80

Multiple Choice

Canada imports cars from Japan.If Canada imposes a tariff on cars imported from Japan,Canadian


A) consumers will lose and Japanese producers will gain.
B) tariff revenue will equal the loss of Canadian consumer surplus.
C) consumers will lose and Canadian producers will gain.
D) car manufacturers will gain revenue equal to the revenue lost by Japanese car manufacturers.
E) producers will lose and Japanese consumers will gain.

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