Figure 9.9
-Refer to Figure 9.9. Now suppose an import quota of 3000 trucks is imposed. If the government wanted to cut off all international trade without changing the quota, it could allow the quota amount of 3000 trucks in at no tariff and then charge a tariff on all imports above the quota amount. What tariff would accomplish the goal?
A) $0.
B) $5,000
C) $7,500
D) $10,000
E) $20,000

Question

Figure 9.9
-Refer to Figure 9.9. Now suppose an import quota of 3000 trucks is imposed. If the government wanted to cut off all international trade without changing the quota, it could allow the quota amount of 3000 trucks in at no tariff and then charge a tariff on all imports above the quota amount. What tariff would accomplish the goal?
A) $0. 
B) $5,000 
C) $7,500 
D) $10,000 
E) $20,000

Quizplus · Accepted Answer

The Answer of  Figure 9.9
-Refer to Figure 9.9. Now suppose an import quota of 3000 trucks is imposed. If the government wanted to cut off all international trade without changing the quota, it could allow the quota amount of 3000 trucks in at no tariff and then charge a tariff on all imports above the quota amount. What tariff would accomplish the goal?
A) $0. 
B) $5,000 
C) $7,500 
D) $10,000 
E) $20,000

Figure 9.9 -Refer to Figure 9.9. Now Suppose an Import Quota of Quota