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Discuss why a government would implement such a policy

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Reference no: EM132504760

A) Provide a fully labeled graphical representation of an export tax on natural resource flows from a small country that is a low cost producer.

B) How much is supplied in total? How much is supplied to the local market and how much to the international market before and after the tax?

C) Identify the welfare effect on local producers and consumers and government tax revenues that result from the policy.

D) Discuss why a government would implement such a policy.

Reference no: EM132504760

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