Exhibit 19-6
-In Exhibit 19-6, if the world price of a baseball is $3 and a tariff of $1 per baseball is imposed in the United States, how many baseballs will the United States import?

Name: Exhibit 19-6 -In Exhibit 19-6, if the world price of a baseball is $3 and a tariff of $1 per baseball is imposed in the United States, how many baseballs will the United States import?
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Question

Exhibit 19-6 
-In Exhibit 19-6, if the world price of a baseball is $3 and a tariff of $1 per baseball is imposed in the United States, how many baseballs will the United States import?

Quizplus · Accepted Answer

The tariff raises the domestic price of baseballs to $4, and at that price, the United States will import 4,000 baseballs.

Exhibit 19-6 -In Exhibit 19-6, If the World Price of a Baseball