Multiple Choice
Figure 6.3 represents the Iraqi computer market. Assume Iraq purchases all of its computers from the United States.
Figure 6.3 Iraqi Computer Market and Economic Sanctions
-Consider Figure 6.3.Of the quota-induced change in Iraqi consumer surplus, the amount of the change in Iraq's consumer surplus that is transferred to other sectors of Iraq's economy is captured by the United States as
A) tax revenue.
B) export revenue.
C) producer surplus.
D) consumer surplus.
Correct Answer:

Verified
Correct Answer:
Verified
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