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Figure 9-2 Suppose the U.S. Government Imposes a $0.40 Per Pound Tariff

Question 169

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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.With the tariff in place, the United States A) imports 16 million pounds of rice. B) imports 9 million pounds of rice. C) imports 15 million pounds of rice. D) exports 31 million pounds of rice.
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.With the tariff in place, the United States


A) imports 16 million pounds of rice.
B) imports 9 million pounds of rice.
C) imports 15 million pounds of rice.
D) exports 31 million pounds of rice.

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