In the diagram above,D represents the original demand curve,S represents the original supply curve,and S' represents the supply curve once a per-unit tax is imposed.
-Refer to the diagram above.If the distance ______ exceeds the distance ______,then consumers bear______ of the burden of the tax.
Definitions:
Effective International Diversification
A strategy of investing across various countries and asset classes to reduce risk and potentially enhance returns.
Foreign Stocks
Shares of companies based outside the investor's home country, offering diversification benefits in a portfolio.
Currency Exposure
Refers to the risk of loss from fluctuations in exchange rates that can affect an investor's or company's investments, assets, and liabilities.
ADRs
American Depositary Receipts, a way for investors to own shares in a foreign company through U.S. securities exchanges.
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