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The Following Graph Shows U

Question 70

Multiple Choice

The following graph shows U.S.demand for and domestic supply of a good.Suppose the world price of the good is $1.00 per unit and a specific tariff of $0.50 per unit is imposed on each unit of imported good.In such a case,_____.
The following graph shows U.S.demand for and domestic supply of a good.Suppose the world price of the good is $1.00 per unit and a specific tariff of $0.50 per unit is imposed on each unit of imported good.In such a case,_____. A) 25 units will be exported B) 25 units will be imported C) 50 units will be exported D) 50 units will be imported E) 10 units will be exported


A) 25 units will be exported
B) 25 units will be imported
C) 50 units will be exported
D) 50 units will be imported
E) 10 units will be exported

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