(Figure: The Market for Calculators) Look at the figure The Market for Calculators.The world price, PW, equals $100.The government imposes an import tariff of $20 per calculator.Compared with the free trade situation, the tariff leads to a deadweight loss equal to areas:
A.K + L.
B.G + J.
C.G + H + I + J.
D.There is no deadweight loss, since the tariff revenue the government receives offsets any losses.

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The Answer of (Figure: The Market for Calculators) Look at the figure The Market for Calculators.The world price, PW, equals $100.The government imposes an import tariff of $20 per calculator.Compared with the free trade situation, the tariff leads to a deadweight loss equal to areas:
A.K + L.
B.G + J.
C.G + H + I + J.
D.There is no deadweight loss, since the tariff revenue the government receives offsets any losses.

(Figure: the Market for Calculators) Look at the Figure the Market