Starting with DX and SX and PX = $1 with free trade in Figure 9.1, analyze the

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Starting with DX and SX and PX = $1 with free trade in Figure 9.1, analyze the partial equilibrium effects of an import quota of 30X if DX shifts down to D€³X in such a way that D€³X is parallel to DX and crosses SX at PX = $2.50.
Figure 9.1
Starting with DX and SX and PX = $1 with
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International Economics

ISBN: 978-1119915737

11th edition

Authors: Dominick Salvatore

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