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Denmark Is an Importer of Computer Chips and Adds a $5

question 21

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Denmark is an importer of computer chips and adds a $5 per chip tariff to the world price of $12 per chip.Suppose Denmark removes the tariff.Which of the following outcomes is not possible?


Definitions:

Talcott Parsons

An American sociologist known for his contributions to the field of sociology, including the development of the action theory and the system theory.

Robert K. Merton

An American sociologist known for developing theories such as the self-fulfilling prophecy, strain theory, and the roles of social structure in scientific knowledge.

Systems Theory

An interdisciplinary theory about the nature of complex systems in nature, society, and science, which suggests that entities can be understood as cohesive wholes.

Structural-Functionalism

From a sociological standpoint, this perspective considers society as a sophisticated entity where its elements are interconnected, working collectively to ensure cohesion and balance.

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