Question: Consider the case that the US imposes extra tax on imports from China. State and briefly explain one factor that affects the price elasticity of

Consider the case that the US imposes extra tax on imports from China. State and briefly explain one factor that affects the price elasticity of demand for Chinese imports (by US buyers), and one factor that affects the price elasticity of supply of Chinese imports (by Chinese producers). How would these affect the tax incidence? (Treat the tax as a per-unit tax for analytical purpose.)

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