If the United States Is a Large Country That Imposes

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The Answer is If the United States imposes a 30% tariff on imported T-shirts with a world price of $5 per T-shirt, the value of the T-shirts once they have cleared U.S. customs can be calculated by adding the tariff to the original world price.

Here's the calculation:

Tariff amount per T-shirt = 30% of $5 = 0.30 * $5 = $1.50

Therefore, the value of each T-shirt after the tariff is applied would be:

World price + Tariff = $5 + $1.50 = $6.50

So, the value of the T-shirts once they have cleared U.S. customs would be $6.50 per T-shirt.

If the United States Is a Large Country That Imposes

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If the United States Is a Large Country That Imposes

Short Answer

Correct Answer:Answered by ExamLex AIShow Answer

Correct Answer:
Answered by ExamLex AI