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The Diagram Below Shows the Domestic Demand and Supply Curves

Question 62

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The diagram below shows the domestic demand and supply curves for cotton towels in Canada.The prevailing world price of cotton towels is PW.Assume that all cotton towels are identical. The diagram below shows the domestic demand and supply curves for cotton towels in Canada.The prevailing world price of cotton towels is P<sub>W</sub>.Assume that all cotton towels are identical.   FIGURE 33-3 -Refer to Figure 33-3.If Canada imposes a tariff of $t per cotton towel,Canadian towel producers' revenues will be equal to the amount A) A + B + C + D. B) A + B + C + E + F + G + H. C) A + B + E + F + G. D) E + F + G. E) E + F + G + H. FIGURE 33-3
-Refer to Figure 33-3.If Canada imposes a tariff of $t per cotton towel,Canadian towel producers' revenues will be equal to the amount


A) A + B + C + D.
B) A + B + C + E + F + G + H.
C) A + B + E + F + G.
D) E + F + G.
E) E + F + G + H.

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