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    Modern Principles Microeconomics
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    Exam 9: International Trade
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    Use the Following to Answer Questions
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Use the Following to Answer Questions

Question 50

Question 50

Multiple Choice

Use the following to answer questions:
Figure: World Imports Use the following to answer questions: Figure: World Imports   -(Figure: World Imports)  Refer to the figure. The imposition of a $20 tariff would generate a value of lost gains from trade of: A)  $45. B)  $90. C)  $70. D)  $160.
-(Figure: World Imports) Refer to the figure. The imposition of a $20 tariff would generate a value of lost gains from trade of:


A) $45.
B) $90.
C) $70.
D) $160.

Correct Answer:

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