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The world price is PW. If a tariff is imposed the price rises to PW +...

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Economics

The world price is PW. If a tariff is imposed the price rises to PW + T. Because of the tariff, consumers' surplus is reduced by an amount equal to the area of    Group of answer choices 3+4 1 + 2 + 3+ 4. 1 + 2 + 3. 1 + 2 .

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