Business, 10.04.2020 19:24 kcarstensen59070
Policymakers in a small country impose a specific tariff of $2.00 per unit. Prior to the tariff the country imported 10,000 units and after the tariff 8,000 units. The redistributive effects of the tariff are:
Select one:
a. such that $16,000 is forward shifted onto domestic consumers.
b. impossible to determine with the information given.
c. shared equally between domestic producers and domestic consumers.
d. such that $4,000 is backward shifted onto domestic producers.
Answers: 3
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Policymakers in a small country impose a specific tariff of $2.00 per unit. Prior to the tariff the...
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