(Table: Demand and Supply for Gloves) the United States Can

question 40

Multiple Choice

(Table: Demand and Supply for Gloves) The United States can also
Import gloves from China at $4 per pair and from Mexico at $5 per
Pair.Currently, the United States imposes a specific tariff of $2 on its
Glove imports.How much trade in gloves is diverted in the U.S.­
Mexican free­trade area?

• A)zero pairs of gloves
• B)6 pairs of gloves
• C)2 pairs of gloves
• D)4 pairs of gloves

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