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    International Economics Study Set 3
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    Exam 7: Nontariff Barriers and Arguments for Protection
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    Answer the Question(s)below Based on the Following Diagram
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Answer the Question(s)below Based on the Following Diagram

Question 22

Question 22

Multiple Choice

Answer the question(s) below based on the following diagram.
Answer the question(s) below based on the following diagram.    -Refer to the figure above.If this were a voluntary restraint agreement,the welfare costs to the importing country would be A) $14,000. B) $18,000. C) $38,000. D) $60,000.
-Refer to the figure above.If this were a voluntary restraint agreement,the welfare costs to the importing country would be


A) $14,000.
B) $18,000.
C) $38,000.
D) $60,000.

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