Carefully explain how the imposition of a tariff is different for a large country (that can affect the world price)than a small country.
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Q43: Q44: Over time,quotas usually lead to larger deadweight Q45: In which way are tariffs different from Q47: In the case of a small country,producer Q48: An increase in domestic demand for a Q49: In economic terms,tariffs are preferred to quotas Q50: Which of the following is NOT an Q51: In the case of a small country,consumer![]()
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