Solved: What would be the effective rate of protection on bicycles, International Economics

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What would be the effective rate of protection on bicycles

Problem

What would be the effective rate of protection on bicycles in China if China places a 50 percent tariff on bicycles, which have a world price of $200, and no tariff on bike components, which together have a world price of $100?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: What would be the effective rate of protection on bicycles

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