Exhibit 19-5 -In Exhibit 19-5, If the World Price of a Baseball

Exhibit 19-5

-In Exhibit 19-5, if the world price of a baseball is $3 and a tariff of $1 per baseball is imposed in the United States, how many baseballs will be purchased in the United States?

A) 4,000
B) 6,000
C) 8,000
D) 10,000
E) 12,000