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

question 23

Multiple Choice

Reference: Ref 9-2 (Figure: Foreign Trade with a Tariff) Refer to the figure. A $1 tariff generates government revenue of:

• A) $100 million.
• B) $140 million.
• C) $180 million.
• D) $200 million.

---

Definitions:

Chromium

A chemical element with symbol Cr and atomic number 24, known for its high corrosion resistance and hardness.

Fluorine

A highly reactive, pale yellow gas at room temperature, being the most electronegative and reactive of all the elements.

Francium

A highly radioactive metal with the atomic symbol Fr, the least stable and most rare naturally occurring element in the periodic table.

Conduct

To transmit or facilitate the transfer of something such as electricity or heat.