In the case of a small country, consumer surplus
A) decreases less with a tariff than with an equivalent quota.
B) decreases less with a quota than with an equivalent tariff.
C) is not changed by tariffs or quotas.
D) decreases the same with tariffs and equivalent quotas.
E) increases more with quotas.
D
Economics
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The table above shows the exchange rates between various currencies and the U.S. dollar. Between 2015 and 2016, the Canadian dollar ________ against the U.S. dollar and the Japanese yen ________ against the U.S. dollar
A) depreciated, depreciated B) appreciated, appreciated C) appreciated, depreciated D) depreciated, appreciated
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What are cover and commodity charges?
Economics