What happens when a tariff is lowered

asked Feb 10, 2018 145k views

3 votes

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4 votes

when the tariff is lowered that means that the economic rent will decline.

Vmkcom answered Feb 13, 2018

8.1k points

4 votes

Economic rent will decline.

Gabogabans answered Feb 14, 2018

7.7k points

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