-The above figure shows the market for rice in Japan. S2 represents the domestic supply curve, and S1 represents the world supply curve. Suppose a free market exists. If a $1 per unit tariff is imposed on imported rice, the quantity of imported rice will decrease by

Question

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A $1 per unit tariff increases the price of imported rice, causing the quantity of imported rice to decrease. The decrease in quantity is determined by the difference in quantity demanded and supplied at the new price level, which is 20 units.

-The Above Figure Shows the Market for Rice in Japan