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Denmark Is an Importer of Computer Chips,taking the World Price

question 154

Multiple Choice

Denmark is an importer of computer chips,taking the world price of $12 per chip as given.Suppose Denmark imposes a $5 tariff on chips.Which of the following outcomes is possible?


Definitions:

Kamakura Period

A period in Japanese history (1185-1333) marked by the rise of the samurai class and the establishment of feudalism.

Sociopolitical Force

A term referring to the influence and interplay of societal and political factors on events and behaviors.

Shogunate

The Japanese military government of the 12th through 19th centuries.

Kei School

A prominent school of Japanese sculpture, particularly known for its Buddhist statues, flourishing in the Kamakura period.

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