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    Exam 18: International Trade
  5. Question
    Exhibit 18-5 -In Exhibit 18-5, If the World Price of a Baseball
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Exhibit 18-5 -In Exhibit 18-5, If the World Price of a Baseball

Question 5

Question 5

Multiple Choice

Exhibit 18-5 Exhibit 18-5   -In Exhibit 18-5, if the world price of a baseball is $3 and a tariff of $1 per baseball is imposed in the United States, which area represents the amount of tariff revenue the United States government collects? A) a B) b C) c D) f E) e
-In Exhibit 18-5, if the world price of a baseball is $3 and a tariff of $1 per baseball is imposed in the United States, which area represents the amount of tariff revenue the United States government collects?


A) a
B) b
C) c
D) f
E) e

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