Figure 9.8
-Refer to Figure 9.8. In order to gain the equivalent imports as a $50 tariff, the government would have to impose a quota of

Name: Figure 9.8 -Refer to Figure 9.8. In order to gain the equivalent imports as a $50 tariff, the government would have to impose a quota of
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Question

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The correct answer is A because a quota of 100 tons of sugar would reduce imports by the same amount as a $50 tariff.

Figure 9.8 -Refer to Figure 9.8. in Order to Gain the Equivalent