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Author Question: -2 Suppose the U.S. government imposes a $0.75 per pound tariff on coffee imports. Figure ... (Read 75 times)

kamilo84

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on: Mar 16, 2019

Figure 7-2








Suppose the U.S. government imposes a $0.75 per pound tariff on coffee imports. Figure 7-2 shows the impact of this tariff.  






Refer to Figure 7-2. If the tariff was replaced by a quota which limited coffee imports to 20 million pounds, the amount of revenue received by coffee importers would equal


◦ $5 million.
◦ $15 million.
◦ $50 million.
◦ $78 million.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by kamilo84 on Mar 16, 2019

allisonblackmore

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Reply #1 on: Mar 16, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kamilo84

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Reply 2 on: Mar 16, 2019
Great answer, keep it coming :)

mochi09

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Reply 3 on: Yesterday
Wow, this really help

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