Why does rent seeking imply that the traditional measure of deadweight loss from tariffs and quotas will

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Why does rent seeking imply that the traditional measure of deadweight loss from tariffs and quotas will likely understate the true deadweight loss to society?

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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Question Posted: Feb 07, 2013 06:16 AM

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Why does rent seeking imply that the traditional measure of deadweight loss from tariffs and quotas will

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