How the tax affects the market for roquefort cheese in us

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At the beginning of the 2000s, the United States imposed high taxes on a number of European goods due to a trade dispute. One of these goods was Roquefort Cheese. Show how this tax affects the market for Roquefort cheese in the United States, shifting the appropriate curve and indicating a new equilibrium quantity and market price.

Reference no: EM13188838

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