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Exam Question

A tariff causes domestic firms to…and consumers to…

  • 1. overproduce, underconsume
  • 2. overproduce, overconsume
  • 3. underproduce, underconsume
  • 4. underproduce, overconsume

View Answer

Answer 1. overproduce, underconsume

Practice set and Exam Quiz

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