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    Microeconomics Study Set 2
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    Exam 9: Comparative Advantage and the Gains From International Trade
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    Figure 9-2 Suppose the U.S. Government Imposes a $0.40 Per Pound Tariff
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Figure 9-2 Suppose the U.S. Government Imposes a $0.40 Per Pound Tariff

Question 61

Question 61

Multiple Choice

Figure 9-2
Figure 9-2     Suppose the U.S. government imposes a $0.40 per pound tariff on rice imports. Figure 9-2 shows the impact of this tariff. -Refer to Figure 9-2.The tariff revenue collected by the government equals the area A) D + E + F. B) E. C) B + D + E + F. D) C + D + E + F.
Suppose the U.S. government imposes a $0.40 per pound tariff on rice imports. Figure 9-2 shows the impact of this tariff.
-Refer to Figure 9-2.The tariff revenue collected by the government equals the area


A) D + E + F.
B) E.
C) B + D + E + F.
D) C + D + E + F.

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