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Basic Question 1 of 17

Assume a small country imposes a tariff.

Before the tariff, consumer surplus is ______ and producer surplus is ______.
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User Contributed Comments 3

User Comment
maryprz14 ???
mn158 ? indeed
raulmartin WTF
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

compare types of trade restrictions, such as tariffs, quotas, and export subsidies, and their economic implications

CFA® 2025 Level I Curriculum, Volume 1, Module 6.