Multiple Choice

Figure 19-5
Suppose the U.S.government imposes a $0.75 per pound tariff on coffee imports.Figure 19-5 shows the impact of this tariff.
-Refer to Figure 19-5.With the tariff in place,the United States
A) imports 20 million pounds of coffee.
B) imports 12 million pounds of coffee.
C) imports 18 million pounds of coffee.
D) exports 38 million pounds of coffee.
Correct Answer:
Verified
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