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In general, who will benefit as the result of a tariff?
Domestic Producers
Domestic Consumers
The domestic government
a. I only
b. II only
c. both I and III
d. both II and III
e. All of these are correct
how to calculate it
State the Private sector in the circular flow Private sector total income is known as the national income. As private sector receives entire return from the factors of prod
RATCHET EFFECT
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