
-The above figure shows the U.S.market for 1 carat diamonds.With free trade,the United States produces ________ diamonds and imports ________ diamonds.
A) 300,000;600,000
B) 500,000;400,000
C) 100,000;900,000
D) 100,000;800,000
E) 0;900,000
Correct Answer:
Verified
Q49: A quota is a
A) restriction on how
Q52: If Australia imposed a quota on the
Q53: Q57: Q87: Which type of policy instrument raises the Q88: If Australia negotiates a voluntary export restraint Q89: If supporters of restrictions on imports argue Q91: Of the following,who gains with a tariff? Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
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A)The