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Why do consumers miss an opportunity to pay lower prices on goods when a government erects trade barriers on foreign products?

Why do consumers miss an opportunity to pay lower prices on goods when a government erects trade barriers on foreign products?

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Govt.doc

Govt. can impose trade barrier mainly by two means –
i)
tariff
ii)
quota
We are considering small country.
i) Tariff:
Tariff is the tax on import. For a tariff imposed on small open economy,...

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