Multiple Choice
Exhibit 19-8

-Exhibit 19-8 shows the demand and supply of shirts for the country of Eragos.If the world price is $4 per shirt,and the government of Eragos imposes a tariff of $1,the Eragoans are:
A) Producing 11 and importing 4 shirts
B) Producing 8 and importing 15 shirts
C) Producing 11 and importing 13 shirts
D) Producing 8 and importing 4 shirts
E) Producing 11 and importing 20 shirts
Correct Answer:
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