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This Graph Demonstrates the Domestic Demand and Supply for a Good,as

Question 112

Multiple Choice

This graph demonstrates the domestic demand and supply for a good,as well as a tariff and the world price for that good. This graph demonstrates the domestic demand and supply for a good,as well as a tariff and the world price for that good. According to the graph shown,if the economy were operating in autarky and then moved to free trade,the overall impact on surplus would be a net: A) gain of FGIJKL. B) loss of FGIJKL. C) gain of FGJK. D) loss of FGJK. According to the graph shown,if the economy were operating in autarky and then moved to free trade,the overall impact on surplus would be a net:


A) gain of FGIJKL.
B) loss of FGIJKL.
C) gain of FGJK.
D) loss of FGJK.

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