Exhibit 17.5 -Refer to Exhibit 17.5, Which Shows the Demand for and the Demand

question 138

Multiple Choice

Exhibit 17.5

-Refer to Exhibit 17.5, which shows the demand for and the supply of a good in a country. If the world price of the good is $2.00 per unit, the import quota that would least affect the level of imports in this country is _____

• A) more than 200 units per month.
• B) between 150 units and 200 units per month.
• C) 50 units per month.
• D) 100 units per month.
• E) 150 units per month.

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Definitions:

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