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

Question 94

Multiple Choice

Figure 9-3
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.What is the area that represents revenue to foreign producers who are granted permission to sell in the U.S.market when there is a quota? A) I + J B) E + I + J + M C) I + J + K+ L D) G + H + I + J
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.What is the area that represents revenue to foreign producers who are granted permission to sell in the U.S.market when there is a quota?


A) I + J
B) E + I + J + M
C) I + J + K+ L
D) G + H + I + J

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