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Figure 63 Represents the Iraqi Computer Market

Question 50

Multiple Choice
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):

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
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
-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:

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