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International Economics 8th Edition by Dennis Appleyard, Alfred Field
Edition 8ISBN: 9780078021671International Economics 8th Edition by Dennis Appleyard, Alfred Field
Edition 8ISBN: 9780078021671 Exercise 4
Explain how the value added in a domestic industry is enhanced if the nominal tariff rate on imports of the industry's final product is increased while the nominal tariff rates on the industry's inputs are left unchanged.
Explanation
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The nominal tariff rate is the rate that...
International Economics 8th Edition by Dennis Appleyard, Alfred Field
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