A-LevelEconomicsInternational economic issues9708/12 · Oct/Nov 2010 · Q201 Mark

The supply of an imported good is shown by curve S. [Figure 20.1] What will be the new supply curve if an ad valorem (percentage) tariff is imposed on the good?

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✓ Correct answer

A: A

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Topic: International economic issues, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Oct/Nov 2010 Paper 1 Variant 2, question 20.

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