Use the following to answer questions:
Figure: International Trade 2
-(Figure: International Trade 2) Refer to the figure. At the tariff equilibrium in this figure, the quantity of imports is ______, which is ______ than at the free trade equilibrium.
A) 2; 10 units fewer
B) 2; 6 units fewer
C) 10; 2 units more
D) 10; 2 units fewer

Question

Use the following to answer questions:
Figure: International Trade 2 
-(Figure: International Trade 2) Refer to the figure. At the tariff equilibrium in this figure, the quantity of imports is ______, which is ______ than at the free trade equilibrium.
A) 2; 10 units fewer 
B) 2; 6 units fewer 
C) 10; 2 units more 
D) 10; 2 units fewer

Quizplus · Accepted Answer

At the tariff equilibrium, the quantity of imports is 2 units, which is 6 units fewer than the 8 units imported at the free trade equilibrium.

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