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What is the formula for the nationally optimal tariff

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Reference no: EM132235661

What is the formula for the nationally optimal tariff? What is the optimal tariff if the foreign supply of our imports is infinitely elastic? Explain.

Reference no: EM132235661

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What is the formula for the nationally optimal tariff : What is the formula for the nationally optimal tariff? What is the optimal tariff if the foreign supply of our imports is infinitely elastic? Explain.
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