Multiple Choice
Figure 7.2
Suppose the Canadian government imposes a $0.40 per pound tariff on rice imports. Figure 7.2 shows the impact of this tariff.
-Refer to Figure 7.2.The tariff causes domestic consumption of rice
A) to fall by 27 thousand kilograms.
B) to fall by 11 thousand kilograms.
C) to rise by 6 thousand kilograms.
D) to rise by 16 thousand kilograms.
Correct Answer:

Verified
Correct Answer:
Verified
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