Figure 9-6

-Refer to Figure 9-6.Before the tariff is imposed,this country
A) imports 200 carnations.
B) imports 400 carnations.
C) exports 200 carnations.
D) exports 400 carnations.

Question

Figure 9-6
 
-Refer to Figure 9-6.Before the tariff is imposed,this country
A) imports 200 carnations. 
B) imports 400 carnations. 
C) exports 200 carnations. 
D) exports 400 carnations.

Quizplus · Accepted Answer

Before the tariff, the country imports 400 carnations, as indicated by the difference between the domestic quantity demanded and the domestic quantity supplied at the world price level.

Figure 9-6 -Refer to Figure 9-6.Before the Tariff Is Imposed,this Country