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The Figure Above Shows the Market for Shirts in Australia

question 139

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  The figure above shows the market for shirts in Australia, where D is the Australian demand curve and S is the Australian supply curve. The world price is $20 per shirt. Australia imposes a tariff on imported shirts of $4 per shirt. -In the figure above, Australian producers' _______ from the tariff is _______ . A)  gain; $80 million B)  gain; $128 million C)  loss; $64 million D)  loss; $32 million The figure above shows the market for shirts in Australia, where D is the Australian demand curve and S is the Australian supply curve. The world price is $20 per shirt. Australia imposes a tariff on imported shirts of $4 per shirt.
-In the figure above, Australian producers' _______ from the tariff is _______ .


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EEOC

The Equal Employment Opportunity Commission, a federal agency in the United States responsible for enforcing laws against workplace discrimination.

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