Quiz_05__key_ - EC 340 Spring 2011 Quiz 5 Paraguay levies a...

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Unformatted text preview: EC 340 Spring 2011 Quiz 5 Paraguay levies a specific import tariff on rice. It imports 20 units of rice from the rest of the world. Based on the import‐ demand and export‐supply diagram drawn here, what is the size of Paraguay’s specific tariff per unit of rice import? ...
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