Business, 08.04.2020 04:44 brattyshae

If Bangladesh is open to international trade in wheat without any restrictions, it will import bushels of wheat. Suppose the Bangladeshi government wants to reduce imports to exactly 160 bushels of wheat to help domestic producers. A tariff of $ per bushel will achieve this. A tariff set at this level would raise $ in revenue for the Bangladeshi government.

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If Bangladesh is open to international trade in wheat without any restrictions, it will import bushe...