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Q. |
The imposition of a tariff by country A on imports from country B |
A. | Always benefits A |
B. | Always benefits B |
C. | May benefit A, if B does not retaliate |
D. | Could benefit both countries provided B retaliates |
E. | Depends on the shape of reciprocal demands |
Answer» E. Depends on the shape of reciprocal demands |
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