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Suppose the U

Question 226

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Suppose the U.S.government imposes a $0.75 per pound tariff on coffee imports.Figure 9-5 shows the impact of this tariff. -Refer to Figure 9-5.The tariff causes domestic consumption of coffee A) to fall by 27 million pounds. B) to fall by 7 million pounds. C) to rise by 6 million pounds. D) to rise by 20 million pounds. Suppose the U.S.government imposes a $0.75 per pound tariff on coffee imports.Figure 9-5 shows the impact of this tariff.
-Refer to Figure 9-5.The tariff causes domestic consumption of coffee


A) to fall by 27 million pounds.
B) to fall by 7 million pounds.
C) to rise by 6 million pounds.
D) to rise by 20 million pounds.

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