Multiple Choice
Exhibit 34-12 
Refer to Exhibit 34-12. PW is the price that exists in a free world market. If the U.S. imposes a quota to reduce imports to Q4 - Q3, price will rise to
A) P1.
B) P2.
C) P3.
D) P4.
E) There is not enough information to answer the question.
Correct Answer:
Verified
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