The U.S. tariff on paper ____ the U.S. price of paper, _____ U.S. production of paper and

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The U.S. tariff on paper ____ the U.S. price of paper, _____ U.S. production of paper and _______the U.S. gains from trade

A. Raises; increases; increases

B. Doesn’t change; increases; increases

C. Doesn’t change; doesn’t change; decreases

D. Raises; increases; decreases

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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