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 much tariff revenue will the United States government collect?
A) $4,000
B) $16,000
C) $20,000
D) $24,000
E) $48,000
Correct Answer:
Verified
Q87: As a result of international trade,
A)the gain
Q92: As a result of a tariff on
Q97: Exhibit 19-5 Q99: The world price of a good is Q101: An import quota is a Q104: Under a tariff, the domestic government gains Q105: Which pair of groups benefits from an Q109: An effective import quota is one that Q110: Which of the following is not correct Q112: To be effective, an import quota must![]()
A)the
A)tax on imports
B)legal
A)reduces
A)reduce
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