If the government imposes a tariff on motor vehicles imported into an economy

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    Consumers lose consumer surplus equal to the tariff times the quantity of motor vehicles consumed.
     The change in producer surplus is equal to the tariff times the quantity supplied by domestic producers.
     Government collects revenue equal to the tariff times the quantity consumed.
     None of the above.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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None of the above.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)



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