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Author Question: Suppose the U.S. government imposes a $0.75 per pound tariff on coffee imports. Figure ... (Read 92 times)

Alygatorr01285

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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. Without the tariff in place, the United States consumes


◦ 12 million pounds of coffee.
◦ 26 million pounds of coffee.
◦ 33 million pounds of coffee.
◦ 45 million pounds of coffee.


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Marked as best answer by Alygatorr01285 on Mar 16, 2019

s.meritte

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