Suppose the French government levies a high tariff on imported American cheeses. Who would benefit if...

 

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Suppose the French government levies a high tariff on imported American cheeses. Who would benefit if the French government passed a law reducing the high tariff on imported cheese, holding all else constant? Assume American cheese producers want to supply cheese to France due to the French's high cheese demand. French cheese producers American cheese producers American cheese consumers The French government Which of the following would also occur? French consumers will experience a reduction in the types of cheese they can purchase Cheese price in the United States would increase Cheese prices in France would decrease Tax revenue for the French government would decrease Profits for French cheese producers would decrease Suppose the French government levies a high tariff on imported American cheeses. Who would benefit if the French government passed a law reducing the high tariff on imported cheese, holding all else constant? Assume American cheese producers want to supply cheese to France due to the French's high cheese demand. French cheese producers American cheese producers American cheese consumers The French government Which of the following would also occur? French consumers will experience a reduction in the types of cheese they can purchase Cheese price in the United States would increase Cheese prices in France would decrease Tax revenue for the French government would decrease Profits for French cheese producers would decrease

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Suppose that there two countries country F and country A the government of country levies the high t... View the full answer