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Refer to the Information Provided in Figure 18

Question 85

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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. After the tariff is imposed, ________ revenue in this country will be $500. A) export B) import C) tariff D) total 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. After the tariff is imposed, ________ revenue in this country will be $500.


A) export
B) import
C) tariff
D) total

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