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(Solved): What is true about area A ? If trade is eliminated through tariffs, this area is the domestic produc ...



What is true about area

A

? If trade is eliminated through tariffs, this area is the domestic producer surplus. If trade is eliminated through tariffs, this area is part of domestic consumer surplus. Under conditions of free trade, this area is part of foreign producer surplus. Under conditions of free trade, this area is the domestic producer surplus.



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