Question 888 m The domestic price of a refrigerator is $1000, which is sold around the world. The value added by labor is $400 and the total value of the remaining inputs is $600. A tariff is imposed on imported refrigerators, which raised the total price to $1300. The domestic price of refrigerators is now raised to same price and total value of the remaining inputs is unchanged. What is the effective rate of protection for refrigerators?   Text typing work only

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