Multiple Choice
Figure 7-2 
Suppose the U.S.government imposes a $0.75 per pound tariff on coffee imports.Figure 7-2 shows the impact of this tariff.
-Refer to Figure 7-2.With the tariff in place,the United States
A) imports 30 million pounds of coffee.
B) imports 12 million pounds of coffee.
C) imports 24 million pounds of coffee.
D) exports 36 million pounds of coffee.
Correct Answer:
Verified
Correct Answer:
Verified
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