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    Principles of Economics Study Set 8
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    Exam 9: Application: International Trade
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    Figure 9-3 -Refer to Figure 9-3. When the Tariff Is Imposed, Domestic
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Figure 9-3 -Refer to Figure 9-3. When the Tariff Is Imposed, Domestic

Question 72

Question 72

Multiple Choice

Figure 9-3 Figure 9-3   -Refer to Figure 9-3. When the tariff is imposed, domestic consumers A) lose surplus of $400. B) lose surplus of $450. C) gain surplus of $50. D) gain surplus of $800.
-Refer to Figure 9-3. When the tariff is imposed, domestic consumers


A) lose surplus of $400.
B) lose surplus of $450.
C) gain surplus of $50.
D) gain surplus of $800.

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