Business
Business, 27.09.2019 17:30, Krazyyykiddd

Suppose that the free-trade price of a ton of steel is €500. (note: € is the symbol for the euro, a common currency used in 19 european countries, including finland.) finland, a small country, imposes a €60 per-ton specific tariff on imported steel. with the tariff, finland produces 300,000 tons of steel and consumes 600,000 tons of steel. suppose that the €60-per-ton tariff caused finnish production of steel to increase by 100,000 tons and finnish consumption of steel to fall by 100,000 tons. what is the value of finland's welfare loss due to the tariff?

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Business, 27.06.2019 04:20, jwbri
Suppose that the free-trade price of a ton of steel is €500. (note: € is the symbol for the euro, a common currency used in 19 european countries, including finland.) finland, a small country, imposes a €60 per-ton specific tariff on imported steel. with the tariff, finland produces 300,000 tons of steel and consumes 600,000 tons of steel. suppose that the €60-per-ton tariff caused finnish production of steel to increase by 100,000 tons and finnish consumption of steel to fall by 100,000 tons. what is the value of finland's welfare loss due to the tariff?
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History, 30.07.2019 00:00, bella2284
Beginning in 1995, most countries in the european union started to switch to a common currency. the values of different european currencies were linked to the euro. countries in the european union could then trade without converting currency. why would adopting a common currency be for european traders? european traders can import more goods because the euro is strong. poorer countries in europe became richer because their currency was converted to the euro. wages will be the same in each european country because everyone is being paid in the same currency. exchange between european countries is easier because they are using the same currency.
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History, 30.07.2019 00:00, santileiva123199
Beginning in 1995, most countries in the european union started to switch to a common currency. the values of different european currencies were linked to the euro. countries in the european union could then trade without converting currency. why would adopting a common currency be for european traders? european traders can import more goods because the euro is strong. poorer countries in europe became richer because their currency was converted to the euro. wages will be the same in each european country because everyone is being paid in the same currency. exchange between european countries is easier because they are using the same currency.
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