The Table Below Shows the Prices in Canada of One

question 35

Multiple Choice

The table below shows the prices in Canada of one kilogram of cheddar cheese produced in three different countries.Assume that all cheddar cheese is identical. TABLE 33-1 Refer to Table 33-1.Suppose Canada and the United Kingdom negotiate a free-trade agreement in cheese.But Canada has a 40% tariff on cheese imported from other countries.From which country will Canada now buy its cheese?

• A)all from United Kingdom
• B)all from the United States
• C)all from Canada
• D)from Canada and United States
• E)from United Kingdom and United States