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Refer to the Information Provided in Figure 18

Question 283

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Refer to the information provided in Figure 18.4 below to answer the questions that follow. Refer to the information provided in Figure 18.4 below to answer the questions that follow. Figure 18.4 -Refer to Figure 18.4. The domestic price of a leather wallet is $20. With free trade the price of a leather wallet is $10 and after a tariff is imposed the price is $15. If there is free trade, this country will import ________ leather wallets. A) 50 B) 100 C) 200 D) 300 Figure 18.4
-Refer to Figure 18.4. The domestic price of a leather wallet is $20. With free trade the price of a leather wallet is $10 and after a tariff is imposed the price is $15. If there is free trade, this country will import ________ leather wallets.


A) 50
B) 100
C) 200
D) 300

Correct Answer:

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