- CFA Exams
- 2021 CFA Level I Exam
- Study Session 5. Economics (2)
- Reading 17. International Trade and Capital Flows
- Subject 3. International Trade Restrictions and Agreements
CFA Practice Question
Assume a small country imposes a tariff.
Before the tariff, consumer surplus is ______ and producer surplus is ______.

Correct Answer: Consumer surplus: A + B + D + E + F + G; Producer surplus: C
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mn158 | ? indeed |