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When the Home Country Is Small, How Will an Increase

Question 53

Multiple Choice

When the home country is small, how will an increase in a tariff
Protecting a home monopolist affect the home country's demand
Curve?


A) There will be an upward parallel shift in the demand curve.
B) The demand curve will pivot upwards from its vertical intercept.
C) There will be a downward parallel shift in the demand curve.
D) The demand curve will pivot downwards from its vertical intercept.

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