Figure 9-3 Since 1953 the United States Has Imposed a Quota to Has

Multiple Choice

Figure 9-3

Since 1953 the United States has imposed a quota to limit the imports of peanuts. Figure 9-3 illustrates the impact of the quota.
-Refer to Figure 9-3.If there was no quota,how many pounds of peanuts would domestic consumers purchase and what quantity would be imported?

A) 28 million pounds of which 18 million pounds would be imported
B) 40 million pounds of which 12 million pounds would be imported
C) 40 million pounds of which 30 million pounds would be imported
D) 40 million pounds all of which would be imported