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    Modern Principles of Economics Study Set 2
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    Exam 9: International Trade
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    Figure: Foreign Trade Market Reference: Ref 9-4 (Figure: Foreign
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Figure: Foreign Trade Market Reference: Ref 9-4 (Figure: Foreign

Question 49

Question 49

Multiple Choice

Figure: Foreign Trade Market Figure: Foreign Trade Market   Reference: Ref 9-4 (Figure: Foreign Trade Market)  Refer to the figure. What is the dollar value of the deadweight loss created by the loss of foreign trade? A)  $10,000 B)  $4,000 C)  $36,000 D)  $6,000 Reference: Ref 9-4 (Figure: Foreign Trade Market) Refer to the figure. What is the dollar value of the deadweight loss created by the loss of foreign trade?


A) $10,000
B) $4,000
C) $36,000
D) $6,000

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