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Homework answers / question archive / If a tariff and import quota lead to equivalent increases in the domestic price of steel, then: O a

If a tariff and import quota lead to equivalent increases in the domestic price of steel, then: O a

Economics

If a tariff and import quota lead to equivalent increases in the domestic price of steel, then: O a. they have different impacts on how income is distributed O b. they have different impacts on how much is produced and consumed O c. the tariff results in efficiency reductions but the quota does not O d. the quota results in efficiency reductions but the tariff does not

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