Refer to the information provided in Figure 4.4 below to answer the question(s) that follow.


Refer to Figure 4.4. If a $25 per barrel tax is levied on imported oil, the United States will
◦ import 2 million barrels of oil per day.
◦ import 6 million barrels of oil per day.
◦ import 10 million barrels of oil per day.
◦ export 10 million barrels of oil per day.