ECON: MACRO4
ECON: MACRO4
4th Edition
ISBN: 9781305436862
Author: William A. McEachern
Publisher: Cengage Learning
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Chapter 17, Problem 2.5PA
To determine

The minimum level of quota to have an impact on the trade and determine the conditions when the net welfare loss from an import quota exceeds the net welfare loss from equivalent tariff.

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