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6 September, 18:29

Suppose Ukraine subsidizes Ukrainian wheat farmers, while Russia offers no subsidy to Russian wheat farmers. As a result of the Ukrainian subsidy, sales of Ukrainian wheat to Russiaa. may prompt Russian farmers to invoke the infant-industry argument. b. increase the consumer surplus of Russian buyers of wheat. c. decrease the total surplus of the Russian people. d. All of the above are correct.

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  1. 6 September, 19:18
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    The answer is b. Increase the consumer surplus of russian buyers of wheat.
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