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Documents Taxes, Subsidies, and Tariffs: Small Country Udayan Roy uroy/eco41.

Slide 1Taxes, Subsidies, and Tariffs: Small Country Udayan Roy http://myweb.liu.edu/~uroy/eco41 Slide 2 The Effects of a Tariff A tariff is a tax on imported goods Tariffs…

Documents Free Trade 2/24/2012 Unit 2: Trade Policy. Free Trade – Arguments in Favor Fig. 10-1: The...

Slide 1Free Trade 2/24/2012 Unit 2: Trade Policy Slide 2 Free Trade – Arguments in Favor Fig. 10-1: The Efficiency Case for Free Trade Producers and consumers allocate…