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madam-professor

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













Refer to Figure 4.4. Assume that initially there is free trade. The price of oil in the United States will increase to $150 per barrel if the United States then imposes ________ tax per barrel of imported oil.


◦ no
◦ a $25
◦ a $50
◦ a $100


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Marked as best answer by madam-professor on Apr 19, 2019

amynguyen1221

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