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    Understanding Economics
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    Exam 15: Foreign Trade
  5. Question
    -Given the Imposition of a Per-Unit Tariff in the Amount
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-Given the Imposition of a Per-Unit Tariff in the Amount

Question 15

Question 15

Multiple Choice

  -Given the imposition of a per-unit tariff in the amount of P<sub>c</sub>P<sub>t</sub>,price and total quantity sold (both domestically produced and imported) ,respectively,would be: A) 0P<sub>t</sub> and 0x B) 0P<sub>c</sub> and 0z C) 0P<sub>t</sub> and 0z D) 0P<sub>a</sub> and 0x E) 0P<sub>t</sub> and 0y
-Given the imposition of a per-unit tariff in the amount of PcPt,price and total quantity sold (both domestically produced and imported) ,respectively,would be:


A) 0Pt and 0x
B) 0Pc and 0z
C) 0Pt and 0z
D) 0Pa and 0x
E) 0Pt and 0y

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