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Question
The effect of a tariff
A) is negligible since it applies to firms outside the U.S.
B) can lead to economies of scale for firms inside the U.S.
C) can lead to a monopoly advantage for firms inside the U.S. since they become the sole suppliers inside the U.S.
D) will be more beneficial to large firms than to small firms.
Answer
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Related questions
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Q:
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