Figure 6.3 represents the Iraqi computer market. Assume Iraq purchases all of its computers from the United States.
Figure 6.3 Iraqi Computer Market and Economic Sanctions 
-Consider Figure 6.3.For the United States, the export quota results in a (an)
A) improvement in its terms of trade with Iraq.
B) increase in its export revenue.
C) increase in domestic computer prices.
D) decrease in domestic consumer surplus.
Correct Answer:
Verified
Q43: Figure 6.3 represents the Iraqi computer market.
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