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19 April, 13:40

How do the effects of voluntary restraint agreements differ from the effects of a tariff?

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  1. 19 April, 13:49
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    Partial equilibrium analysis of tariffs: supply, demand and trade in a single industry; Costs and benefits of tariffs; Export subsidies; Import quotas; Voluntary export restraints ... Thus, a tariff will make the price of a good rise in the domestic market and ... When a country is "small", it has no effect on the foreign (world)
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