
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Transcribed Image Text:Assume a simple world in which the U.S. exports soft drinks and beer to France and imports wine from France. If the U.S.
imposes large tariffs on the French wine, explain the likely impact on the values of the U.S. beverage firms, U.S. wine
producers, the French beverage firms, and the French wine producers.
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