A small nation is not large enough to affect the world price of the commodity it is importing
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Q38: In a small nation,the portion of the
Q39: The revenue collected by the government as
Q40: The _ is the tariff that maximizes
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Q44: "Using international trade theory,we can unambiguously state
Q45: The domestic demand for good X is
Q46: The nominal tariff indicates how much the
Q47: The rate of effective protection is equal
Q48: A quota is a tax imposed on
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