Refer to the Figure Below to Answer the Following Questions

question 1

Multiple Choice

Refer to the figure below to answer the following questions. Figure 7.3.1
The figure shows the market for shirts in Canada,where D is the domestic demand curve and S is the domestic supply curve.The world price is $20 per shirt.Canada imposes a tariff on imported shirts of $4 per shirt.
-Refer to Figure 7.3.1.Canadian producers' ________ from the tariff is ________.

• A)loss;$32 million
• B)loss;$64 million
• C)gain;$80 million
• D)gain;$128 million
• E)gain;$64 million

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Definitions:

Apollo of Veii

An ancient Etruscan terracotta statue representing the Greek god Apollo, notable for its life-size scale and detailed craftsmanship, dating from circa 510-500 BCE.

Terracotta

A type of fired clay material, often unglazed, used for ornamental or functional purposes, including sculptures and building materials.

Etruscans

An ancient civilization of Italy, predating the Roman Empire, known for its rich culture, art, and influence on Roman architecture and society.

Burial Practices

The methods and ceremonies employed by various cultures to honor and remember the dead by placing them in graves or other final resting places.