Consider what would happen if a tariff of 2000 were Consider what would happen if a tariff of $2000.

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Consider what would happen if a tariff of 2000 were

Consider what would happen if a tariff of $2000 were imposed on imported automobiles. Show the impact of this tariff on the supply and the demand, and on the equilibrium price and quantity, of American automobiles. Explain why American auto companies and autoworkers often support import restraints on automobiles.

Consider what would happen if a tariff of 2000 were

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