Demonstrate that large tariff would not be an optimal tariff

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Reference no: EM131212528

For the international trade market for bicycles shown in given Figure, demonstrate that a rather large tariff, for instance, a tariff that resulted in imports of 0.33 million bicycles, would not be an optimal tariff for the importing country.

856_Figure- A large company Imposes a small tarrif.jpg

Reference no: EM131212528

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