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If Argentina Imposes a 20 Percent Tax on Natural Gas

Question 71

Multiple Choice

If Argentina imposes a 20 percent tax on natural gas exports to be paid by suppliers. Other things equal, this causes the:


A) supply of natural gas exports to shift to the right.
B) supply of natural gas exports to shift to the left.
C) quantity of natural gas exports produced to increase.
D) demand for natural gas exports to shift to the right.

Correct Answer:

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