Multiple Choice
Exhibit 17-6 
-In Exhibit 17-6,if the world price of a baseball is $3 and a tariff of $1 per baseball is imposed in the United States,how much tariff revenue will the United States government collect?
A) $4,000
B) $16,000
C) $20,000
D) $24,000
E) $48,000
Correct Answer:
Verified
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