Refer to the figure below to answer the following questions.
The figure shows the market for shirts in Canada, where D is the domestic demand curve and S is the domestic supply curve.The world price is $20 per shirt.Canada imposes a tariff on imported shirts of $4 per shirt.
Figure 31.2.1
-Refer to Figure 31.2.1,the Canadian government's revenue from the tariff is ________.
A) $64 million
B) $32 million
C) $128 million
D) $48 million
E) $480 million
Correct Answer:
Verified
Q62: An import quota is a
A)tariff imposed on
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Q66: Refer to the figure below to answer
Q69: Of the following, in which decade were
Q71: Table 31.2.1
Canada's Market for Widgets

Q72: A difference between a quota and a
Q74: Refer to the figure below to answer
Q80: An import quota is
A)a tariff that is
Q95: Import quotas
A)are the same as tariffs.
B)are not
Q96: A tariff _ the domestic price of
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