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Who gains from an export tariff in a small country? consumers because consumer surplus increases and exporters because they can increase their prices the government because it collects tariff revenues and consumers because consumer surplus increases exporters because they can increase their prices exporters because they can increase their prices and the government because it collects tariff revenues

Who gains from an export tariff in a small country? consumers because consumer surplus increases and exporters because they can increase their prices the government because it collects tariff revenues and consumers because consumer surplus increases exporters because they can increase their prices exporters because they can increase their prices and the government because it collects tariff revenues

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Who gains from an export tariff in a small country? consumers because consumer surplus increases and exporters because they can increase their prices the government because it collects tariff revenues and consumers because consumer surplus increases exporters because they can increase their prices exporters because they can increase their prices and the government because it collects tariff revenues
Transcribed Image Text:Who gains from an export tariff in a small country? consumers because consumer surplus increases and exporters because they can increase their prices the government because it collects tariff revenues and consumers because consumer surplus increases exporters because they can increase their prices exporters because they can increase their prices and the government because it collects tariff revenues
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