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Question 52

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Use the following to answer questions :
Figure 18-4 Use the following to answer questions : Figure 18-4   -Suppose the country, importing oil in Figure 18-4 puts on a prohibitive tariff.The smallest prohibitive tariff would be: A) $0, since there is no trade at the current price. B) $5. C) $10. D) $20. E) impossible to determine exactly without more information.
-Suppose the country, importing oil in Figure 18-4 puts on a prohibitive tariff.The smallest prohibitive tariff would be:


A) $0, since there is no trade at the current price.
B) $5.
C) $10.
D) $20.
E) impossible to determine exactly without more information.

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