In 1990 the United States imposed trade embargoes on Iraq's international trade.The negative effect on Iraq's consumer surplus would be greater the

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A more elastic demand schedule means that consumers are more sensitive to changes in price, so when the trade embargoes cause prices to increase, consumers are more likely to reduce their quantity demanded, resulting in a larger decrease in consumer surplus. Therefore, the negative effect on Iraq's consumer surplus would be greater with a more elastic demand schedule.

In 1990 the United States Imposed Trade Embargoes on Iraq's