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Define trade between canada and mexico of tariffs

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Reference no: EM131612015

Question: Before 1995, trade between Canada and Mexico was subject to tariffs. In 1995, Mexico joined NAFTA and all Canadian and Mexican tariffs have gradually been removed.

Suppose that this year, tomato growers in Ontario lobby the Canadian government to impose an import quota on Mexican tomatoes. Explain who in Canada would gain and who would lose from such a quota.

Reference no: EM131612015

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