Under free trade argentina exports beef its government


Under free trade, Argentina exports beef. Its government imposes a tax t on exports. Draw and label a diagram to show what happens to Argentine beef consumption, production, exports, domestic prices, consumer and producer surplus, government revenues, and deadweight loss if:

a. Argentina is a small country whose actions don't affect world prices

b. Argentina is a large country whose actions do affect world prices.

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Business Economics: Under free trade argentina exports beef its government
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