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Business, 02.07.2019 01:20 hjeffrey168

Suppose that the nominal tariff rate on an imported final product is 0.14, while the ratio of the value of imported input to the value of the finished product is 0.65, and the nominal tariff rate on the imported input is 0.020. given this information, calculate the effective rate of protection.

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Suppose that the nominal tariff rate on an imported final product is 0.14, while the ratio of the va...

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