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Exhibit 34-8 Refer to Exhibit 34-8. Assume That the Current Price of Current

Question 91

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Exhibit 34-8 Exhibit 34-8 Refer to Exhibit 34-8. Assume that the current price of sugar in the United States is $300 per ton (which includes a $100 per ton tariff on sugar imports) . The government collects tariff revenues on sugar imports in the amount of __________ million. A) $500 B) $1,000 C) $1,500 D) $2,000
Refer to Exhibit 34-8. Assume that the current price of sugar in the United States is $300 per ton (which includes a $100 per ton tariff on sugar imports) . The government collects tariff revenues on sugar imports in the amount of __________ million.


A) $500
B) $1,000
C) $1,500
D) $2,000

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