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Refer to the Information Provided in Figure 4

Question 82

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Refer to the information provided in Figure 4.4 below to answer the question(s) that follow. 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. The price of oil in the United States will increase to $150 per barrel if the United States then imposes ________ tariff per barrel of imported oil. A) no B) a $25 C) a $50 D) a $100 Figure 4.4
-Refer to Figure 4.4. Assume that initially there is free trade. The price of oil in the United States will increase to $150 per barrel if the United States then imposes ________ tariff per barrel of imported oil.


A) no
B) a $25
C) a $50
D) a $100

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