Refer to the Information Provided in Figure 4

Multiple Choice

Refer to the information provided in Figure 4.4 below to answer the question(s) that follow. Figure 4.4
-Refer to Figure 4.4. Assume that initially there is free trade. If the United States then imposes a $25 tariff per barrel of imported oil, the tariff revenue generated will equal

A) $25 million per day.
B) $50 million per day.
C) $100 million per day.
D) $125 million per day.