Reference: Ref 9-2 (Figure: Foreign Trade with a Tariff) Refer

question 72

Multiple Choice

Reference: Ref 9-2 (Figure: Foreign Trade with a Tariff) Refer to the figure. A $1 tariff results in:

• A) an increase in imports of 80 million units.
• B) a decrease in imports of 80 million units.
• C) an increase in imports of 100 million units.
• D) a decrease in imports of 100 million units.

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Definitions:

Acetic Acid

A weak carboxylic acid with the formula CH3COOH, known for its sour taste and pungent smell, used in vinegar.

Carbonyl

A functional group consisting of a carbon atom double-bonded to an oxygen atom, central to various organic compounds including aldehydes and ketones.

Butan-2-ol

An isomer of butanol where the hydroxyl (-OH) group is attached to the second carbon in the butane chain.

Synthesize

The process of chemically creating a compound from simpler materials, often used in the context of organic chemistry to generate complex molecules.