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Author Question: -3 Since 1953 the United States has imposed a quota to limit the imports of peanuts. Figure ... (Read 263 times)

NClaborn

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on: Mar 16, 2019

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
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by NClaborn on Mar 16, 2019

Zack0mack0101@yahoo.com

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Reply #1 on: Mar 16, 2019
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NClaborn

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Reply #2 on: Mar 16, 2019
Excellent


Zack0mack0101@yahoo.com

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Reply #3 on: Mar 16, 2019
Great! Please up vote :D


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