CH6 33-34

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California State University, Fullerton *

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335

Subject

Economics

Date

May 30, 2024

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PNG

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1

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Question 33 0.03 / 0.03 pts Scenario 6.1 Suppose that United States furniture makers import $100 of wood and parts in order to make a dining room table selling for $500. The imports have no tariff or quota restrictions. Based on Scenario 6.1 above, value added in the United States is Question 34 0.03 / 0.03 pts Since the 1930s, overall tariff rates in the United States have
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