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    Macroeconomics Study Set 35
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    Exam 7: Comparative Advantage and the Gains From International Trade
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    Figure 7-2 Suppose the U
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Figure 7-2 Suppose the U

Question 112

Question 112

Multiple Choice

Figure 7-2 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.The tariff revenue collected by the government equals A) $10 million. B) $15 million. C) $19.875 million. D) $35 million. 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.The tariff revenue collected by the government equals


A) $10 million.
B) $15 million.
C) $19.875 million.
D) $35 million.

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