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You Are Given the Following Information Pertaining to Large Country

Question 6

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You are given the following information pertaining to large country B with respect to good W (which is produced at home and also imported) , both under free trade and with a $10.00 import tariff in place:
 domestic price of W under free trade $40world price of W (i.e., price of W from rest-of-theworld)  under free trade$40 domestic price of W after imposition of tariff $44world price of W (i.e., price of W from rest-of-theworld after imposition of tariff$34 domestic production of W under free trade 80 units  domestic production of W after imposition of tariff 94 units  domestic consumption of W under free trade 120 units  domestic consumption of W after imposition of tariff 112 units \begin{array}{lr}\text { domestic price of W under free trade }&\$40\\\text {world price of W (i.e., price of W from rest-of-the}\\\text {world) under free trade}&\$40\\\text { domestic price of } \mathrm{W} \text { after imposition of tariff }&\$44\\\text {world price of W (i.e., price of W from rest-of-the}\\\text {world after imposition of tariff}&\$34\\\text { domestic production of W under free trade } & 80 \text { units } \\\text { domestic production of W after imposition of tariff } & 94 \text { units } \\\text { domestic consumption of W under free trade } & 120 \text { units } \\\text { domestic consumption of W after imposition of tariff } & 112 \text { units }\end{array}

Given this information, and assuming that demand and supply curves are straight lines, what is the loss of consumer surplus in country B that occurs because of the imposition of the tariff?


A) $44
B) $72
C) $448
D) $464

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