Valuate the net welfare effect of the tax on the country

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Reference no: EM13831931

Suppose now that the country imposing the export tax in part (a) of this question is a “large” country rather than a “small” country. Is it an advantage or a disadvantage for a country to be “large” rather than “small” when it imposes an export tax? Explain.

Valuate the “net welfare effect” of the tax on the country. Why might a country want to impose an export tax? Explain.

Reference no: EM13831931

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