Reference: Ref 9-6 (Figure: World Imports) Refer to the Figure

question 4

Multiple Choice

Reference: Ref 9-6 (Figure: World Imports) Refer to the figure. The imposition of a $20 tariff would generate a value of lost gains from trade of:

• A) $45.
• B) $90.
• C) $70.
• D) $160.

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Definitions:

Genetically Predisposed

Having a genetic makeup that increases the likelihood of developing certain traits or diseases.

Instinctive Behavior

Actions that are performed without prior learning or thought, typically because they are genetically programmed.

Unlearned

Describes behaviors or responses that are innate and not acquired through learning or experience.

Complex Behavior

Actions or conduct that involve multiple steps, choices, or interactions, often requiring advanced cognitive processing or learning.