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A Country Is Trying to Decide If It Should Impose

question 123

Essay

A country is trying to decide if it should impose a tariff or a quota on imports of some good.In either case,the impact on the domestic price and the quantity of imports will be the same.True or false,explain.


Definitions:

Dominant Part

The component within a system or relationship that holds primary influence or control over the others.

Sexual Instinct

Sexual Instinct is the innate or biological drive related to sexual activity and reproduction.

Fixated

Refers to an obsessive interest or focus on a specific subject or idea.

Pessimistic

Having a tendency to see the worst aspect of things or believe that the worst will happen.

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