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Author Question: -3 Since 1953 the United States has imposed a quota to limit the imports of peanuts. Figure ... (Read 245 times)

NClaborn

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Figure 7-3








Since 1953 the United States has imposed a quota to limit the imports of peanuts. Figure 7-3 illustrates the impact of the quota.  






Refer to Figure 7-3. If there was no quota, how many pounds of peanuts would be imported?


◦ 16 million
◦ 28 million
◦ 30 million
◦ 40 million


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Marked as best answer by NClaborn on Mar 16, 2019

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