In 1991, the U.S. government imposed a stiff import tariff on the active-matrix LCD screens that now

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In 1991, the U.S. government imposed a stiff import tariff on the active-matrix LCD screens that now appear in next-generation laptop computers.

a. Assess the likely consequences of the import duty for U.S. laptop computer manufacturers.

b. How are these manufacturers likely to react to this import duty?

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