Consider two groups of domestic producers: those which compete with imports and those which export goods. Suppose

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Consider two groups of domestic producers: those which compete with imports and those which export goods. Suppose the domestic producers that compete with imports convince the legislature to impose a high tariff on imports—so high, in fact, that almost all imports are eliminated. Does this policy in any way adversely affect domestic producers that export goods? If so, how?
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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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