Multiple Choice
Scenario: The domestic supply and demand of a good in the United States is shown in the figure below. Suppose the world price of this good is $4. Suppose the United States is considering levying a $2 tariff per unit on imports of this good.
-Refer to the scenario above.Before the tariff is imposed,________ units of this good were imported; after the tariff,________ units of this good are imported.
A) 80; 60
B) 60; 40
C) 60; 50
D) 80; 50
Correct Answer:

Verified
Correct Answer:
Verified
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