Show how high a tariff the country must set, Microeconomics

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Show how high a tariff the country must set

Problem

Suppose the supply curve of imports is infinitely elastic at the world price. Using a graph, show how high a tariff the country must set to completely prevent imports from coming into the country.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Show how high a tariff the country must set

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Microeconomics: Show how high a tariff the country must set

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