Mexico has imposed a tariff on the importation of chocolate. as a consequence of the tariff, a. mexico as a whole is better off, since the tariff increases employment and production in the domestic chocolate industry. b. mexico as a whole is better off, since the tariff results in tax revenue for the mexican government. c. mexico as a whole is worse off, since producer surplus and consumer surplus both decrease. d. mexico as a whole is worse off, since the increase in producer surplus is smaller than the drop in consumer surplus plus tariff revenues.
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Mexico has imposed a tariff on the importation of chocolate. as a consequence of the tariff, a. mexi...
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