From economics student comes this handy summary of methods of protectionism. You don't need this tariff diagram for the AS exam; a simple S&D diagram showing S shifting to the left witht the resulting increase in price and fall in quantity demanded is sufficient
http://rapidrevision.co.uk/economics-student/2009/03/26/tariff-and-non-tariff-methods-of-protection/
Friday, March 27, 2009
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