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The Table Below Shows the Prices in Canada of One

Question 94

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The table below shows the prices in Canada of one kilogram of cheddar cheese produced in three different countries.Assume that all cheddar cheese is identical. The table below shows the prices in Canada of one kilogram of cheddar cheese produced in three different countries.Assume that all cheddar cheese is identical.   TABLE 33-1 Refer to Table 33-1.Assuming that a 40% tariff is in place and that Canadians buy only the lowest-priced cheddar cheese,from which country will Canada buy its cheese? A) all from United Kingdom B) all from the United States C) all from Canada D) from Canada and United States E) from United Kingdom and United States TABLE 33-1 Refer to Table 33-1.Assuming that a 40% tariff is in place and that Canadians buy only the lowest-priced cheddar cheese,from which country will Canada buy its cheese?


A) all from United Kingdom
B) all from the United States
C) all from Canada
D) from Canada and United States
E) from United Kingdom and United States

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