Information technology agreement on each country

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Reference no: EM133224201

1. Assume the market is competitive, explain the possible impact of the elimination of tariff on the new proposed version Information Technology Agreement on each Country (Japan, Philippines, VietNam)

2. Draw the domestic supply, domestic demand of the countries, (the pre-agreement and post agreement situation) What are the theoretical welfare implications of the tariff for producers, consumers in this sector and government?

Discuss by using the graph as a basis.

Reference no: EM133224201

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