A$100 specific tariff provides home producers more protection from foreign competition when
a....
Social Studies, 09.10.2019 04:00 destanybrunson
A$100 specific tariff provides home producers more protection from foreign competition when
a. it is levied on manufactured goods rather than primary products.
b. the home demand for a good is elastic with respect to price changes.
c. it is applied to a commodity with many grade variations.
d. the home market buys cheaper products rather than expensive products.
Answers: 1
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