The country of Tajikistan is small and cannot influence world prices. And it imports peanuts for 1
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Question:
The country of Tajikistan is small and cannot influence world prices. And it imports peanuts for TL per kilo. Demand curve DP and Supply curve SP The country of Tajikistan decides to impose a customs tariff of TL per kilo on peanuts.
a Calculate the net cost efficiency loss of the customs tariff Application. points
b Calculate the revenue obtained by the country Tajikistan from the tariff. Points
c If the country of Tajikistan applied a tariff that reduced imports to zero, how many TL would it be per kilo? Points
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