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Question 22

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Use the following to answer questions :
Figure 18-3 Use the following to answer questions : Figure 18-3 -If the world price in Figure 18-3 were $2.50, what size quota would be required to keep domestic supply at the no-trade levels? A) 0 units. B) 50 units. C) 100 units. D) 150 units. E) 200 units.
-If the world price in Figure 18-3 were $2.50, what size quota would be required to keep domestic supply at the no-trade levels?


A) 0 units.
B) 50 units.
C) 100 units.
D) 150 units.
E) 200 units.

Correct Answer:

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