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Tariffs
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Econs for the Ipod
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#Ib
#Economics
#HL
#SL
#K-12
Tariffs
Econs for the Ipod
0:00
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Description
In this episode, we define what a tariff is and construct a simple model to demonstrate the effects of the tariff on domestic and world markets. We also discuss some of the disadvantages of tariffs.
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