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(Table: Demand and Supply for Gloves) the United States Can

Question 40

Multiple Choice

(Table: Demand and Supply for Gloves) The United States can also Import gloves from China at $4 per pair and from Mexico at $5 per Pair.Currently, the United States imposes a specific tariff of $2 on its Glove imports.How much trade in gloves is diverted in the U.S.­ Mexican free­trade area? A) zero pairs of gloves B) 6 pairs of gloves C) 2 pairs of gloves D) 4 pairs of gloves (Table: Demand and Supply for Gloves) The United States can also
Import gloves from China at $4 per pair and from Mexico at $5 per
Pair.Currently, the United States imposes a specific tariff of $2 on its
Glove imports.How much trade in gloves is diverted in the U.S.­
Mexican free­trade area?


A) zero pairs of gloves
B) 6 pairs of gloves
C) 2 pairs of gloves
D) 4 pairs of gloves

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