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Tariffs on Imports
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Problem 10
Tariffs on Imports
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9. International Trade / Tariffs on Imports / Problem 10
Problem 10
How does the imposition of a tariff create deadweight loss in a market?
A
By increasing the number of trades that occur.
B
By reducing the number of mutually beneficial trades that occur.
C
By eliminating all consumer surplus.
D
By increasing total surplus.
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