Refer to the Graph Shown for a Small Country That

question 11

Multiple Choice

Refer to the graph shown for a small country that is a price taker internationally. Assume the foreign supply of this product is perfectly elastic at a price of $4 per unit. To have the same effect on imports as a $2 per-unit tariff, the government would need to set an import quota of:

• A) 1,200 units.
• B) 1,300 units.
• C) 2,500 units.
• D) 5,000 units.

---

Definitions:

Psychological Wounds

Emotional damage or trauma resulting from distressing experiences, affecting an individual's mental health and functioning.

Triggered

Describes a response activated by a specific stimulus, often resulting in emotional or psychological distress.

Individuation

A psychological process in which an individual becomes distinct and differentiated from others, often associated with the work of Carl Jung.

Psychological Separateness

The individual's ability to maintain their own identity and emotional independence while in relationships.