If a firm exports, the profits are higher, because the firm serves an additional market. Also, profits now depend negatively on tariffs: the higher the tariffs, the higher the cost of exporting. Finally, these firms pay upfront costs to set up operation
Question Description
The specific problem is in the attached folder, please check the pictures in order, otherwise it may be wrong. Some questions have a selection bar, and the three options in the display bar are the same.
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