Figure 17-13 -In Figure 17-13, If the World Price of a Baseball

question 97

Multiple Choice

Figure 17-13
-In Figure 17-13, if the world price of a baseball is $3 and a tariff of $1 per baseball is imposed in the United States, which area represents the United States' net loss as a result of the tariff?

• A) a + b + c + e
• B) b + c + e
• C) b + c
• D) c + e
• E) b + f

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