The nation of Theopolis recenty put a tariff on the importation of washing machines. Which of the following statements is true based on this information? (a) This tariff harms consumers in Theopolis who buy washing machines (b) This tariff benefts the producers of washing machines in Theopolis (c) This tarif hurts the producers of washing machines in other countries that export to Theopolis  (d) The tariff will increase overall weltare in Theopolis  Explain all the false answers also

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Chapter9: Application: International Trade
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The nation of Theopolis recenty put a tariff on the importation of washing machines. Which of the following statements is true based on this information?

(a) This tariff harms consumers in Theopolis who buy washing machines

(b) This tariff benefts the producers of washing machines in Theopolis

(c) This tarif hurts the producers of washing machines in other countries that export to Theopolis 

(d) The tariff will increase overall weltare in Theopolis 

Explain all the false answers also 

 

 

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