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Unformatted text preview: Outperformed by multi-national corporations: not yet a strong / developed industry National security TFP (Technical Factors of Production) coefficient (no units) Tariffs: If the government imposes a tariff on suppliers, the supply curve shifts left S T S Government revenue = B Net effect negative by A (distortion) D A S A B...
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This note was uploaded on 04/26/2008 for the course EC 05 taught by Professor Abdullah during the Spring '08 term at Tufts.
- Spring '08