Exhibit 34-3 Refer to Exhibit 34-3. the World Price Is P_W. If

Exhibit 34-3
Refer to Exhibit 34-3. The world price is P_W. If a tariff is imposed, the price rises to P_W + T. Because of the tariff, government collects tariff revenues equal to the area of

A) 1.
B) 1 + 2.
C) 3.
D) 1 + 2 + 4.
E) 1 + 3.