2ECO203e International Economics Assignment, SUSS, Singapore The USA imports 380,000 units of cellphones from China, and locally the USA produces 120,000 units
SECTION A Question 1 The USA imports 380,000 units of cellphones from China, and locally the USA produces 120,000 units. The world price for cell phones is $300 per unit. The USA is a large country and imposed a tariff…
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