AP reorts the EU is putting variable tariffs on imports of Chinese candles for the next 6 months
http://www.google.com/hostednews/ap/article/ALeqM5jY-DSfzHnGwnfJsKxyAcn02B26yQD94FECD00
a) Explain what a tariff is
b) Using a suitable diagram, comment on the effect of the tariff on EU consumers
Saturday, November 15, 2008
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