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Exhibit 34-11 Refer to Exhibit 34-11. If the World Price (PW)is Operational

Question 126

Multiple Choice

Exhibit 34-11 Exhibit 34-11 Refer to Exhibit 34-11. If the world price (P<sub>W</sub>) is operational in the market, then U.S. imports equal A) Q<sub>4</sub> - Q<sub>2</sub>. B) Q<sub>2</sub> - Q<sub>3</sub>. C) Q<sub>4</sub> - Q<sub>3</sub>. D) Q<sub>2</sub> - Q<sub>1</sub>. E) Q<sub>3</sub> - Q<sub>1</sub>.
Refer to Exhibit 34-11. If the world price (PW) is operational in the market, then U.S. imports equal


A) Q4 - Q2.
B) Q2 - Q3.
C) Q4 - Q3.
D) Q2 - Q1.
E) Q3 - Q1.

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