Microeconomics
Microeconomics
11th Edition
ISBN: 9781260507140
Author: David C. Colander
Publisher: McGraw Hill Education
Question
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Chapter 5, Problem 7IP

(a)

To determine

Import restriction and the impact on price.

(b)

To determine

Import policy that could have caused the same effect.

(c)

To determine

Import policy that allowed the import of 1.25 million ton sugar.

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